In this episode Christian talks to Phil Smeaton, chief investment officer for Sanlam Private Wealth, about how markets have behaved in recent months and the forces that could shape them over the rest of this year.

Phil discusses the fall in the value of the US dollar; the US election; UK tax rises; and central bank interventions.

Also in this episode Christian looks at Rishi Sunak's plans for tax rises; the economic cost of home-working; and the gloomy mood music ahead of the next round of Brexit negotiations.