Devon Funds Head of Retail Greg Smith talks with ZB’s Mike Hosking about what happened in the US markets on Friday, including a big jump in the shares of travel booking platform Expedia. He also looks at the drivers of Newscorp’s sale of its majority stake in pay-tv provider Foxtel across the Tasman. On the inflation front, he consider whether there is any cause for concern with the latest numbers in Germany and China.

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