Gold, Debt & AI: What’s Really Driving Markets Right Now | Michael Brown, Pepperstone

Gold and silver are on fire — but can the rally last? In this episode of Investing, Markets & Money, host Stuart Fieldhouse talks with Michael Brown of Pepperstone about what’s really moving global markets. They break down the surge in precious metals, the renewed fears around U.S. banks, and whether debt and deficits could finally catch up with policymakers. Michael shares insights on U.S.–China trade tensions, the AI-driven S&P 500 rally, and why UK stocks remain chronically undervalued. You can find more market insight from Michael and the Pepperstone team here - https://pepperstone.com/en-gb/analysis/ 👉 Subscribe for more insights on markets, ETFs, and investing trends from the world’s top strategists and analysts. 👉 Join our free investing newsletter: https://www.thearmchairtrader.com/newsletter/ 00:00 Precious metals: gold and silver trades 04:50 The US Dollar and US banks 07:45 US debt and borrowing trends 11:25 Tariffs and the US-China trade war 15:25 The S&P 500 and the AI bubble 21:05 UK stocks and the UK budget 25:22 Why such intense speculation on the Budget?