US Markets - Foxtel - Inflation

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. For more market insights and our terms and conditions, visit www.devonfunds.co.nz