US Inflation - Nike - China

Devon Funds Head of Retail Greg Smith talks to ZB’s Mike Hosking about the latest inflation numbers in the US, with the Fed’s preferred inflation gauge hitting the lowest level since March 2021. Up for discussion as well are what sparked the biggest fall in Nike’s share price in over three decades. He also looks at the likely implications of China’s factory activity contracting for the second straight month. For more market insights and our terms and conditions, visit www.devonfunds.co.nz