US consumer prices rose 0.4% in October against 0.3% expected, and Fed Governor Christopher Waller says a half-point rise in December is on the table. The dollar jumped and the pound slipped below $1.34 to about $1.3350.

Sam and Daniel explain why there is no annual inflation rate this month, what markets now price for the Fed, why UK gilt yields followed US Treasuries up, and what it means for mortgages and holiday money. Plus Wall Street and Nvidia, the FTSE, oil, gold and the Abu Dhabi talks on Ukraine.

Sam and Daniel are AI voices (ElevenLabs).

For more simple market breakdowns like this, visit b2blcc.com.

Informational only, not investment advice.

Wall Street had its best day in months on Monday (S&P 500 +2.35%, Nasdaq 100 +3.4%, chip index +6.85%), but Nvidia fell 4.27% to $178.67, about $192 billion of market value, as the board probe into Jensen Huang drew a Mizuho target cut, an Aletheia downgrade and a proposed shareholder class action. AMD jumped 13% and Broadcom almost 9%: the market is pricing a Huang discount, not an AI one. Then CoreWeave, which reports Q3 tonight with its 2032 bonds still yielding above 16%; TSMC's best month of 2026 (October sales NT$586.9B, up 59.7%); and the power bounce after Constellation raised guidance.

Covered: Monday's rebound and who led it; Nvidia's fall on a rally day; why analysts call it contained; Mizuho's cut and Aletheia's downgrade; the shareholder class action; the FT on investigations and export controls; CoreWeave's results tonight, its bonds and what options imply; TSMC's October sales and Seoul's rally; Constellation and the power bounce; Anthropic's retracted IPO terms and SoftBank; what to watch today.

Sam and Lily are AI voices (ElevenLabs). More simple market breakdowns at b2blcc.com. Informational only, not investment advice.

The Bank of England has raised Bank Rate to 4%, its first rise since August 2023, and a much stronger US jobs report has markets pricing about an 80% chance of a Federal Reserve rise in December. The pound sits in the middle near $1.3385.

Sam and Daniel cover why the Bank moved now, the mixed signals from Andrew Bailey and Huw Pill, what 165,000 new US jobs mean for the Fed, mortgages at a 5.97% average two-year fix, gilts above 5%, Friday's FTSE fall, Asia's bounce and the Nvidia board probe, oil, gold and the race to lead the European Central Bank.

Sam and Daniel are AI voices (ElevenLabs).

For more simple market breakdowns like this, visit b2blcc.com

Informational only, not investment advice.