Gareth and Jeremy discuss the prospects for Jackson Hole, the chances of a rate-cutting cycle starting at the Fed in September, and whether the US is heading for a soft or hard landing.

While the markets see upside, stock market history suggests that the start of these cycles is followed by increased market volatility and corrections. The most recent examples were following cuts in 2000, 2007 and 2019. 

For now, the $ is weakening, and the £ and, worryingly, the Yen are strengthening.

Gareth discusses Beeks, Zoo Digital, Watkin Jones, Petro Matad and STV in the UK. Jeremy also mentions a deal announced today by Facilities by ADF.

They talk briefly about the tragic death of tech entrepreneur Mike Lynch.

Next week is quiet but will feature the repercussions from Jackson Hole, Eurozone inflation data, and US core PCE inflation data. 

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