Markets’ dove-coloured glasses
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Big Tech companies reported earnings lacklustre yesterday, equities markets ended Thursday higher despite central banks tightening monetary policy, and US job growth is expected to have slowed for the sixth consecutive month.
Mentioned in this podcast:
Apple’s revenue growth streak snapped after supply chain woes
Meta shares soar on resilient revenue and share buybacks
ECB raises rates by 0.5 percentage points as Lagarde commits to ‘stay the course’
Bank of England raises interest rates by 0.5 percentage points to 4%
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com