In this latest Podcast, Mike and Rory discuss what has happened during the last week in the markets. It was a busy week which included data from US CPI, BOE interest rate decision, UK GDP growth and the UMCSI consumer sentiment. There were also major earnings being released from US equities.
Mike discusses his thoughts around the latest US CPI report where the pace of inflation slowed to 4.9% from April 2022.
Rory shares his thoughts around the latest trouble regarding the US debt ceiling crisis and explains why perhaps markets haven’t sold off and argues that they may not sell off at all!
To finish the podcast the Blokes talk about the current state of the market in the UK and how a change in the political system in the next year could disrupt markets and what it would mean if the Tories were to lose to Labour!