The Market Call

The Market Call gives a periodic summary of major macro events, market themes and selected UK company-specific news.

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March 17, 2024

Week ending 15/03/24 – Stubborn Inflation, Gold, Pawnbroking, Beeks & Next Week’s Rate Decisions

Legendary technology analyst and new Progressive team member George O'Connor joins Gareth & Jeremy. Jeremy discusses the backdrop for persistent inflation and higher for longer interest rates including higher commodity prices, including gold. They discuss how pawnbrokers, H&T and Ramsdens illustrate how higher gold prices lead people to sell gold objects for their scrap value. George updates us on his recent Master Investor Show appearance and the contract extension announced by Beeks' Financial Cloud. Looking forward Jeremy highlights the outlook for interest rate decisions in the coming week from the Bank of Japan, the US Fed and The Bank of England.  

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