Equity markets are in wait and see mode
In this episode, Mark Winterburn is joined by his colleague on the UK Advisory Desk, Marco Stroili, to discuss what is happening in today's markets. They first touch on the equity markets, which seem to be in 'wait and see' mode currently, and the contributing factors to this - notably the Fed's indication of tapering asset purchases. However, while volatility may continue into October and beyond, the long-term outlook may not be so gloomy. Mark and Marco then move onto the causes of the volatility seen in Sterling, the recent news of the rise in the US debt ceiling, inflation pressures and, finally, a preview of the Q3 earnings season.