
In this week’s podcast Michael Brown (Senior Market Strategist from Pepperstone) and Michael Hewson discuss more record highs for US stocks and the FTSE100, as well as the latest Fed rate cut and the hawkish reaction to it. They also talk about the slide in Meta and Microsoft share price on concern over accelerated AI spend, as well as looking ahead to next week’s Bank of England rate decision, and the latest numbers from Diageo, BP, M&S and AstraZeneca.