Markets have enjoyed a strong start to 2024, with global stocks up 8% so far this year. However, inflation remains above target in many major economies, putting pressure on central banks to delay interest rate cuts. In this podcast, CEO Helen Watson, is joined by Victor Balfour, Investment Strategist, and Hugo Capel Cure, Co-Head of Portfolio Management, to assess the outlook for rates this year. Meanwhile, the business cycle has remained in relatively good shape, with growth continuing alongside disinflation. We examine how this backdrop has helped several of our holdings – both return assets and diversifiers – achieve a strong performance in the first quarter.  Correction: at 06:25, we mistakenly say CKPC, when we mean CPKC.