Markets shrug off US inflation data but recession rears its ugly head

Equity markets rallied yesterday, shrugging off Tuesday’s US inflation data whilst embracing earnings announcements. Slightly tarnishing the mood came the news this morning that the economies in both Japan and the UK have contracted for two consecutive quarters, which means that they are technically in a recession. Despite this, the Nikkei 225 closed above 38,000 today for the first time since 1990. Carsten Menke, Head of Next Generation Research, talks us through the outlook for gold and silver. 00:00 Introduction by Helen Freer (Investment Writing) 00:23 Markets wrap-up by Bernadette Anderko (Investment Writing) 05:58 Gold update by Carsten Menke (Head of Next Generation Research) 09:50 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.