Greg Smith: Devon Funds Management spokesperson on cost of living rise, luxury brands success - The Mike Hosking Breakfast

Investors are flocking to Airbnb in droves, with stock up 14% - the biggest one day move on record. 

Hermes is also celebrating. The luxury brand's fourth quarter sales are up 18%, exceeding estimates. 

Meanwhile, Kiwi's remain plagued with the cost of living: Food prices were up 1.9% last month, the highest rise since July 2022. 

Greg Smith of Devon Funds Management joins the show to discuss these leaps. 

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