Volatility has been the major theme in investment markets during the first six months of 2025, but is that likely to continue? On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by Jonathan Shead, Australian head of investments at State Street Investment Management, to discuss the recent performance of equity and fixed income markets and take a look at the months ahead. 01:52 Volatility, macroeconomics and geopolitics 05:48 Equity market performance 08:54 Fixed income insights 11:06 Gold analysis 13:51 Future forecast  #friendswithmoney #tomwatson #jonathanshead #investing #markets Listen on Apple Podcasts Listen on Spotify Money Website YouTube Podcast Playlist Email Us: [email protected] Get stories like this in our newsletter: bit.ly/3GDirbR

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