Japan index at 33-year high, US debt ceiling fears, cracks in the luxury goods market
AJ Bell Money & Markets - Podcast tekijän mukaan AJ Bell
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On this week’s podcast, Dan Coatsworth explains why Japanese stocks have been doing so well, with the TOPIX index hitting a 33-year high. He also chats about the negative market reaction to Watches of Switzerland’s latest update and how that news, along with further declines in diamond prices, suggests cracks in the luxury goods market. Danni Hewson discusses bad news from Home Depot and she also considers the big profit target from JD Sports. You can hear about the panic around the US debt ceiling deadline and why it’s important to watch Eurozone inflation. Laura Suter talks to Sunil Krishnan from Aviva investors about multi-asset investing, and Dan and Danni discuss a warning from the FCA that 11 million people in the UK are struggling to pay their bills.
