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Transcripts For BBCNEWS Business Today 20240702

property crisis and soft domestic consumption. added to that are geopolitical tensions with wars in ukraine and the middle east fuelling global uncertainty. i spoke with jameel ahmad, chief analyst at gtc group, about what to look out for in the second half of the year. i would say it was unprecedented because it was like adding everything into your shopping basket. if you look at the s&p 500, it hit new record highs more than 30 times. those are the type of records that, to use a metaphor, that cristiano ronaldo would be jealous of in his trophy cabinet. it wasn tjust us stock market with a fantastic start of the year. we had all time highs for bitcoin, gold, and we should talk about as well nvidia supercharging towards becoming the largest company in the world by market capitalisation. but generally speaking, we have also had some solid fundamentals. despite the highest interest rate policy in pretty much a generation particularly in the united states, corporate earnings

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