The Week Ahead: Fevertree, Ocado and Greggs

TL;DR

Markets react to the American rescue plan, UK GDP data, and upcoming company updates for the week.

Transcript

hello i'm richard hunter at the markets and welcome to a look ahead for the week commencing the 15th of march it's been a fairly big week in terms of the markets the so-called american rescue plan the 1.9 trillion dollar fiscal uh stimulus package which had been proposed by the new president will now happen obviously that was brought with it furthe... Read More

Key Insights

• 😨 Market volatility due to the American rescue plan and inflation fears.
• 💩 UK GDP contraction better than expected with the service sector hit the hardest.
• ❓ Companies like Ocado, Fever Tree, and Greg's expected to release updates on their performance.
• 🤩 Growth of Ocado's international solutions, Fever Tree's off-trade business, and Greg's digital strategy are key areas of focus.
• 📈 Market trends and company performances continue to be influenced by the evolving pandemic situation.
• 👪 Consumer behavior shifts towards home consumption impacting companies' financial results.
• 🧑‍🤝‍🧑 Stock market indicators show a mix of positive and negative trends year-to-date.

Questions & Answers

Q: How did the American rescue plan impact the market?

The $1.9 trillion fiscal stimulus package raised concerns about the American economy overheating, leading to inflation fears and market fluctuations.

Q: What were the key highlights of the UK GDP data for January?

The UK GDP data for January showed a 2.9% contraction, better than the expected 4.9%, with the service sector significantly affected.

Q: Which companies are expected to provide updates next week?

Companies like Ocado, Fever Tree, and Greg's are expected to release their trading updates, with a focus on their performance and future strategies.

Q: How has the pandemic affected these companies' financial outlook?

While some companies, like Ocado and Fever Tree, have seen growth due to changing consumer behaviors during the pandemic, Greg's expects a loss due to decreased foot traffic.

Summary & Key Takeaways

• The markets reacted to the $1.9 trillion American rescue plan causing inflation fears and a rotation between growth and value stocks.

• UK saw a better-than-expected contraction in GDP, with the service sector hit hardest.

• Company updates from Ocado, Fever Tree, and Greg's are anticipated for the upcoming week.