In our first episode of 2025, our experts summarise market themes and the prevailing macroeconomic backdrop we saw in 2024 and look ahead to what might be in store for 2025.  

James and Giles also discuss the latest global interest rate news, including December rate cuts made by the US Federal Reserve, the Bank of England’s Monetary Policy Committee’s most recent meeting and the European Central Bank interest rate cut of last month.  

Finally, we also explore the proposed EU-Mercosur free trade agreement between the EU and a group of South American countries. 

This podcast is brought to you by Close Brothers Asset Management – closebrothersam.com – and features James Tulloch, Senior Investment Specialist, in conversation with Giles Parkinson, Head of Equities. 

We’ve created this podcast to set out possible approaches. Please do not view it as financial advice, or its content as investment recommendations. Just because an investment or an investment strategy has performed well in the past, does not mean it will continue to do so. Our predictions are based on information that is currently available, however events and markets can and do change rapidly.