Shooting for the stars 🌠 - podcast episode cover

Shooting for the stars 🌠

May 27, 2022•19 min•Season 3Ep. 85
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Episode description

Friday finished the week with a bang - the ASX200 added 1.1% for the session, taking the index into positive territory or the week. The gains were broadbased. But from an index point of view, Rio and BHP carried the load. The outperforming sectors were energy, thanks to an overnight rally in oil, and consumer discretionary, with our consumer stocks again taking the lead from Wall Street’s moves. Up one day and down the next - Appen’s wild ride continued. The stock shed 22% on remarkably high volumes after Canadian telco Telus pulled its takeover offer last night. Tonight - the Fed's preferred measure of inflation...talk amongst yourselves. 


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