A lot has changed in the two weeks since Milford’s Head of Wealth Management, Philip Morgan Rees, spoke with Ryan about how to navigate volatile markets. Since then, Trump’s tariff announcement was worse than expected, and the market is reacting to the possible threat of a global recession. Phil picks up the conversation to dive deeper into the current economic situation, and what it means for investors. This podcast is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a reliable indicator of future performance. Milford is an active fund manager with views and portfolio positions subject to change. Milford Funds Limited is the issuer of the Milford KiwiSaver Plan and the Milford Investment Funds. Please read the relevant Milford Product Disclosure Statement at milfordasset.com. Before investing, you may wish to seek financial advice. The disclosure statements of all Milford Financial Advisers contain more information and are available for free on request. For more information and to see our Financial Advice Provider Disclosure statement, please visit milfordasset.com/getting-advice

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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