As we enter the dog days of summer, markets are struggling to find conviction, overshadowed by the possibility of recession. Meanwhile core inflation remains sticky and labour markets are still tight.

Western central banks have left little doubt as to their intentions and further hikes look likely before interest rates plateau. We consider implications for financial markets and outline our latest tactical asset allocation update.

Presented by Niall McDonnell CFA, Senior Investment Manager and Alex Burn CFA, Investment Manager. Hosted by Lorna Denny, Investment Specialist.