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The John Batchelor Show

S8 Ep970: Simon Constable reports from France on volatile commodity markets. While copper prices suggest economic growth, the continued closure of the Strait of Hormuz threatens to spike oil prices and trigger global economic downgrades. Constable also provides upd

The John Batchelor Show

John Batchelor

News, Books, Society & Culture, Arts

4.52.8K Ratings

🗓️ 5 June 2026

⏱️ 12 minutes

🧾️ Download transcript

Summary

Simon Constable reports from France on volatile commodity markets. While copper prices suggest economic growth, the continued closure of the Strait of Hormuz threatens to spike oil prices and trigger global economic downgrades. Constable also provides updates on regional weather and the health of his puppy, Lyra.
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Transcript

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0:00.0

I'm John Batchel. Immediately to my good friend of many decades, Simon Constable.

0:21.3

He is in the south of France.

0:22.7

He's in paradise.

0:23.4

He writes for the Wall Street Journal and Barons and other distinguished publications.

0:27.3

He also reports to me about the prices, commodity prices in Europe, because that is part

0:33.9

of the larger story right now in the Middle East, in the Mediterranean basin,

0:39.2

in the EU, certainly in trade negotiations between all these major continents, the North

0:46.2

American continent trading with the European continent, European and North American trading with

0:51.0

the Asian continent, especially East Asia. We begin, however, with the good

0:56.3

news, climate. Simon, I report to you that it is promising to be a sunny and mild day in the low

1:02.7

80s in New England. My lupin are in glory all across my garden. The lilies are growing apace,

1:10.4

very large. I have some four-foot lilies already,

1:12.9

but the flower hasn't emerged. They're big oriental lilies. They open to heavens. The irises are

1:18.8

in glory, weeks behind yours, but they're here. So are my begonias. Begonias are opening up,

1:26.9

and I planted some new hydrangea that promised to be

1:29.8

eight feet tall and eight feet wide in a few years as some of my other hydrangeurs.

1:35.2

These are known especially as pink red hydrangeas, the color of a pomegranate.

1:43.1

They're called pomegranate hydrangea. So over to you, oh,

1:47.1

paradise liver. How is the, how is how does the garden grow in what I hear to be French rain?

1:52.4

Good day to you, Simon. Good day to you, John. Yes, it's been raining very hard today. A lot of it

1:58.4

just coming down. Gush, gosh, gosh. It's been doing that. I took Juno out for a walk.

2:03.4

It had to be in the rain because that's when she wanted. The walk went there, went back, and that's

...

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