Kit Rees

Editor on Markets Today at Bloomberg News, covering UK assets and macroeconomics

[Kit Rees @_kitrees]

It’s a brisk start to the week with Keir Starmer’s resignation, but UK assets have largely taken it in stride. Investors may be growing used to the UK’s political uncertainty, and the next leader could face economic constraints to their policies. Still, expect some volatility.

[Kit Rees @_kitrees]

Andy Burnham’s win in the Makerfield by-election means that UK markets could be in store for another dose of political uncertainty.

The response in markets has been orderly so far, but going forward investor focus will be on any leadership challenge and policy changes.

[Kit Rees @_kitrees]

The BOE kept rates on hold at 3.75%, as expected. Going forward, a lot hinges on energy prices.

Despite Brent sliding as the US and Iran strike an interim deal, there’s still a lot of uncertainty. The BOE might not have acted today, but we'll see if it needs to in the future.

[Paul Jarvis @pajemiki]

Looks like it will be 15 years and out for #Burberry in the #FTSE100 @marketsjoe @_kitrees https://t.co/udpTLqhAot via @markets

[Phil Serafino @PhilSerafino]

A $20 billion merger in the packaging industry spells one thing for the UK stock market: the prospect of losing yet another of its top companies https://t.co/5wDqW6mlnV via @markets @_kitrees

[Phil Serafino @PhilSerafino]

The early winners in AI have strong fundamentals and less extreme valuations compared with stocks in previous periods of exuberance, Goldman strategists say, rebutting concern that a bubble is building in tech's hottest sector https://t.co/eSettQWPPs via @technology @_kitrees

[Thyagu @Thyagu]

Meta's Mega Wipeout to Credit Suisse's Worst Run: Here are the top 10 most dramatic moments in stock markets for 2022 https://t.co/e24HD4yffE via @markets @_kitrees @brebradham @IshikaMookerjee

[Kit Rees @_kitrees]

Some investors see the end of an era for FAANG stocks after the NASDAQ’s rout this year: https://t.co/qQuxDSOlYo @markets @PhilSerafino

[Thyagu @Thyagu]

A growing chorus of Tesla analysts say the market wipeout has gone far enough. Adam Jonas says distraction caused by Twitter needs to end to stop the stock slide https://t.co/Voeub6movg via @markets @_kitrees @BethMellor1

[Blaise Robinson @blaiserobinson]

Tesla's market value HAS HALVED in the past year, $600 billion in market cap wiped out https://t.co/UK8w5ssTUc via @markets @_kitrees @JPBarnert #TSLA

[Bloomberg Technology @technology]

A $6 billion wipeout was an omen for food delivery firms, which are finding out the hard way that investors are no longer willing to look past continual losses and rising costs. by @_kitrees @IvanLevingston https://t.co/a3QRrPLeEg

[Ksenia Galouchko @ksengal]

Our reporters surveyed over 100 of the world’s biggest fund managers to ask what’s keeping them up at night heading into 2022. Here is our story: https://t.co/KUb1WO5fPS @markets @nchrysoloras @JPBarnert @mikamsika

[Blaise Robinson @blaiserobinson]

Morgan Stanley analysts make a bullish call on Apple stock, matching Wall Street's most ambitious forecast https://t.co/9rLvX18ray via @markets @_kitrees

[Beth Mellor @BethMellor1]

ICYMI, Darktrace #DARK may be booted out of the FTSE 100: With @_kitrees: //www.bloomberg.com/news/articles/2021-11-23/darktrace-may-drop-out-of-ftse-100-leaving-u-k-with-tech-gap

[Beth Mellor @BethMellor1]

#TSLA got a big price target hike at Wedbush; the broker is now tied with Jefferies as the biggest bull on Wall Street. Via @_kitrees: https://t.co/upJbpzsUfx

[Blaise Robinson @blaiserobinson]

good read --> Pandemic winners from online fashion retailers to companies supporting remote-working are suffering lockdown withdrawal symptoms. https://t.co/S2M30XDQYs via @technology @_kitrees @Thyagu

[Blaise Robinson @blaiserobinson]

Yields on the rise? Banking stocks back in favor, tech out of fashion: Citi https://t.co/iiJMjXT3G6 via @markets @_kitrees @pajemiki

[Kit Rees @_kitrees]

Market risks are piling up after a record-setting earnings season: https://t.co/CDFVdyU28p with @marketsjoe @PhilSerafino via @business