The team is back to full strength and discussing why US markets are at all-time highs. The answer is above-average earnings growth rather than multiple expansion, as Steve explains. James runs through investment trust news, after Fidelity Emerging Markets doubled its investors' money and two US small-cap trusts agreed to merge. He also recaps the team's call this week with Olivia Markham, co-manager of BlackRock World Mining Trust. Ian flags the six best stocks to meet Europe's climate change challenge, including ventilation group Volution which is due to update the market on Thursday. He also reveals the best-performing US stock of the last five years, up 2,200%, and it's not a tech company. Finally, there's a reminder of tonight's free webinar featuring the managers of JPMorgan European Discovery Trust and EFJ Investments, and of next month's Wealth & Retirement with a special discount code for podcast listeners.
