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The markets are taking a beating on Liberation Day tariff announcements. What do the announcements mean long term? It’s anyone’s guess. Nick Sciple and Ricky Mulvey discuss why markets are reacting so strongly to the reciprocal tariff announcements, how investors can look for opportunities, but “not be a hero” right now, and Match Group’s new artificial intelligence flirting game. Then, 17 minutes in, Rick Munarriz joins Ricky for a conversation about Nintendo’s new Switch 2, and how the device could boost earnings for the video game maker. Companies discussed: WINA, MTCH, OTC: NTDOY. Host - Ricky Mulvey; Guests - Nick Sciple, Rick Munnariz

Why take a drug if you can emulate a mindset creating the same effect? Adam Cox uses a metaphor based on the weight-loss drug Ozempic in order to embed the idea of a five-year plan for weight reduction. If you have the intention to create a change in your lifestyle, this episode could provide the methodology.

Chloe Won Yung Shin of Edison Group discusses Michelmarch Bricks' recent results. It makes 122m bricks and pavers a year, has a strong balance sheet and should benefit from the UK's structural shortage of housing. On a discount to its peers, it has 7% of the market with further upside potential. Andy Murphy, director of content for Industrials at Edison is intrigued by Smiths News. A regional distributor of newspapers and magazines, it is handling a declining market well, stripping costs back and diversifying by collecting dry waste from those shops it delivers to. It's a cash generative business that has long been ignored and undervalued and yields twice its PE.

James Cameron-Wilson reports that the box office is down 14%. #2 is A Working Man, a violent, noisy and hugely unrealistic shoot-em-up with Jason Statham scything through Russian baddies as he tries to rescue his boss's daughter. It's like a poor knockoff of Taken. James hugely recommended Novocaine at #5 with Jack Quaid a man incapable of feeling pain. Although occasionally violent there are a lot of laughs and some superb twists (and more plausible fights) in a beautifully-plotted film. He also recommends – for those with strong stomachs – the 5-time Oscar-nominated Demi Moore horror movie The Substance. It's now out on disc and is a must for horror fans.

Steve Caplin is impressed by a Chinese car with predictive suspension that remains level going over bumps and can even travel on three wheels. China also launches pilotless air taxis. There's a personal VTOL and a zero-emission hydrogen-electric jet. The AI Therabot can lower depression by 51%. A top accounting firm is having to train its GenZ workers how to use telephones. AI can improve your prospects for internet dating. And the University of San Diego has developed a pneumatic 3D-printed six-legged soft-body robot.

Professor Tim Evans of Middlesex University says that people should not look at Trump's tariffs in isolation. They are only part of his strategy. The press ignored his remarks on the US needing legal immigration, supply-side reforms and a new tax regime to unleash the country's potential. There are risks but, if he succeeds, we could be in a different world. While the UK government considers tinkering with ISAs, Tim says that savings are underestimated and that you can't have capitalism without capital and we need more financial education. He also cheers the fact that the UK will have its first rocket launch this year, enabling us to participate in the vast and growing satellite market.

Outcome assessment is vital for all new initiatives, particularly political, but traditional academic research, which is sequential in character, is not good at responding to the speed of change in our modern world. This is particularly the case in tackling Child Poverty, for which a UK-Government Task Force is due to report later this Spring. If we are to break the cycle of deprivation with inter-generational rebalancing, we need a new sense of dynamism and responsiveness. Background music: 'Peony Morning' by TrackTribe

Rachel Reeves is back to where she started after the Spring Statement, with her £9.9billion of budget headroom restored but at what cost? The Chancellor was true to her word and didn't turn last week's economic update into a second Budget, with no tax changes coming in. But a wave of spending cuts was announced, along with growth forecasts going both down and up. We also got the Office for Budget Responsibility's update on what Reeves' Autumn Budget tax rises will cost us, a threat to Cash ISAs and no reprieve for home buyers on stamp duty. In this episode, Georgie Frost, Lee Boyce and Simon Lambert dive into the Spring Statement to explain why it happened, what it means, and tackle the question of whether taxes are going to have to rise again in autumn. They look at the very important assumption being made by the OBR, which if it turns out to be wrong could mean there is a £48billion black hole in the sums. And is the entire thing a charade anyway and damaging to our future prospects? Simon explains why he thinks so. Finally, campaigners like Gary Stevenson claim that this could all be solved with a wealth tax — is that where we will eventually end up?

The majority of Alphabet’s sales comes from search, and ChatGPT’s product continues to get better. Jason Moser and Ricky Mulvey discuss the 25% tariffs that the Trump administration announced for imported cars and auto parts, how Google is trying to respond to the next era of search, and Robinhood’s quest to become the everything-finance app. Then, 17 minutes in, Anthony Schiavone joins Ricky to talk about the state of the office market, and one workplace REIT that investors may want to consider. Companies discussed: GM, MGA, F, TSLA, GOOG, GOOGL, HOOD, BXP, ARE. Host - Ricky Mulvey; Guests - Jason Moser, Anthony Schiavone

Over the past five years, Warren Buffett’s returns have beaten the S&P 500 and the NASDAQ, even as Berkshire keeps hundreds of billions in cash and treasuries. Jim Gillies and Ricky Mulvey discuss how Apple has driven Berkshire’s performance, Disney’s flat returns over the past five years, and a jeans manufacturer that is smashing the market. Then, 19 minutes in, Robert Brokamp and Alison Southwick discuss why you should think about taking a financial health day. Companies discussed: BRK.A, BRK.B, AAPL, DIS, KTB. Host - Ricky Mulvey; Guests - Jim Gillies, Alison Southwick, Robert Brokamp