Markets Wrap: SpaceX Returns to Earth, UK Sheds More Stocks

Markets Wrap: SpaceX Returns to Earth, UK Sheds More Stocks

July 17, 2026 · 26 min

About this episode

Merryn and John discuss significant market developments including SpaceX's IPO price drop and the UK market's stock shedding.

It's been a week of turning points in markets: from Japan's shifting stance on the weak yen, to star fund manager Terry Smith revisiting his "buy and hold" strategy, to incoming British Prime Minister Andy Burnham's apparent last-minute change of heart on chancellor, to SpaceX falling below its IPO price. One thing that didn't change - the UK market keeps shedding stocks. What does it all mean for your money? Merryn and John sum up a hectic week in the Merryn Talks Money Market Wrap. https://www.edfringe.com/tickets/whats-on/the-butcher-the-brewer-the-baker-and-merryn-somerset-webb https://www.fundsmith.co.uk/media/lfhpxi1x/fundsmith-equity-fund-semi-annual-letter-to-shareholders-2026.pdf   See omnystudio.com/listener for privacy information.

People in this episode

Host: Merryn Somerset Webb

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Keywords

Mentioned in this episode

Organizations: SpaceX

Places: UK, Japan

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