As loss-making Snapchat sets its valuation at up to $22.2bn, would you have to be mad to invest in its IPO? February 17, 2017 Chris Beauchamp, a senior market analyst at IG, says Yes. As the latest tech IPO to come to market, Snap, the parent company of Snapchat, offers the usual combination of coolness, hype and dubious fundamentals. The IG grey market in Snap continues to suggest that the stock will see a pop on the first day [...]
Is everyone too complacent about Marine Le Pen’s chances of becoming the next President of France? December 9, 2016 Chris Beauchamp, senior market analyst at IG Group, says Yes. It feels like deja vu all over again. A year ago, the established punditry found themselves declaring, with immense confidence, why Brexit would never happen and why Donald Trump was doomed to fail in his candidacy. Now we hear the same about Marine Le Pen, [...]
With more international cases of Ebola, could this be the next stumbling block for markets? October 26, 2014 Chris Beauchamp is a market analyst at IG, says Yes. News of a new case of Ebola in the US sparked a modest selloff on Friday, with investors spooked by the fact that the patient had been in contact with other people. With global sentiment still fragile following the recent market correction, it seems likely [...]