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Tech Rout Deepens, Double Central Bank Decision Day | The Pulse 2/5/2026
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February 5, 2026
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48:20Now PlayingThe global tech selloff deepened overnight, as an initial rout in software stocks extended to chipmakers. Tepid earnings from Arm, Qualcomm and Alphabet did little to improve sentiment. Hundreds of billions of dollars have been wiped off the value of stocks, bonds and corporate loans in the last two days, while an iShares ETF tracking software stocks has lost $1 trillion in 7 days.
The Bank of England and European Central Bank are both expected to hold interest rates. Attention will turn to the inflation and growth forecasts to be published by the Bank of England.
Today's guests: Iain Stealey, JPMorgan Asset Management, Fixed Income International CIO; Bruna Skarica, Morgan Stanley, Chief UK Economist; Ellie Geranmayeh, European Council on Foreign Relations, Middle East and North Africa Program Deputy Director; Jackie Ineke, Spring Investments, CIO; Richard Harpin, HomeServe, Founder
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
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