409. AI debt, stubborn inflation and the search for real diversification

Markets have delivered another strong quarter, but beneath the headline returns there are important shifts taking place. The next instalment of our quarterly market update, with Darius McDermott and Juliet Schooling Latter, explores the revival in UK smaller companies and commodities, stubborn inflation and the prospect of higher interest rates. We examine the extraordinary sums being spent on AI, rising debt among technology companies and whether investors are less diversified than they real...