Bull run stumbles as US government is downgraded
May 19, 2025•8 min•Ep. 51
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Episode description
The bull market run stumbled over the weekend, with the US credit rating downgraded over the size of government debt. Investors are likely to turn to safer assets such as gold, moving away from equities. But any setback is likely to be short term, with the bull run to continue. Locally, a central bank rate cut tomorrow will support this.
Securities mentioned include Tesla, Nvidia, Lululemon, Micron, Technology, Liontown Resources, Mineral Resources, Vanguard S&P 500 ETF, Domain Holdings, Megaport, Newmont
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