While many are blaming central bankers for misjudging inflation, rates and economic growth around the world, sharemarkets are hoping that they can engineer a soft landing. So how realistic is the market's current outlook? Investors Mutual portfolio manager Dan Moore shares his thoughts on: Why rates matter so much for shareholders What needs to happen for analysts to achieve their forecasts Whether a 2% fall in rates - within 2 years - is unrealistically optimistic and What to do if you believe ...
Mar 01, 2023•26 min•Ep. 180
Sometimes a single statistic can tell a whole story. In a complex world, where rates and inflation are driving the narrative, 10 stats can tell you a lot about what’s going on. Hugh Selby-Smith from Talaria Capital shares the 10 stats he thinks are most telling right now, and discusses: Why our human bias to extrapolate can get us into trouble How earnings expectations are diverging from the economic outlook How Tesla is now worth more than the bottom 70 companies in the S&P500, and What all...
Feb 16, 2023•28 min•Ep. 179
The ASX was one of the world’s top performing sharemarkets in 2022, and has burst out of the gates in 2023. So how do investors position themselves when the top might be in? Jun Bei Liu of Tribeca Investment Partners shares her thoughts on: Why the banking sector may have its best half yet What reporting season has in store What to buy in a sell off, and The stocks and sectors she’s staying away from* * Including a top pick from a favourite guest You can access this and previous episodes of the ...
Feb 03, 2023•30 min•Ep. 178
History may not repeat, but it can tell us a lot about the likelihood of certain outcomes, even in unusual times. Julia Lee of State Street Global Advisors has read the research, and believes it could be prophetic. Julia shares her thoughts on: Which sectors have outperformed in downturns, and which haven’t Why the energy sector doesn’t perform the way you think it might What investors can learn from past performance across all asset classes, and Why the received wisdom about diversification nee...
Jan 18, 2023•27 min•Ep. 177
New year is the time we all convince ourselves we’re going to be better, and getting our wealth sorted is often high on the list. So what does one of our favourite commentators wish we’d all buy, hold, sell and do for 2023? Scott Phillips joins the podcast to discuss a bit of everything, including: Why markets are doing what they’re doing right now Which shares are very hard to resist at current prices How to prepare yourself for a higher rate environment, and The decisions you can make today to...
Jan 04, 2023•50 min•Ep. 176
Henry Jennings from Marcus Today has had a good 2022, but the work of an investor is never done. So, what has he learned? Henry shares: What worked and what didn't in 2022 Which sectors continue to have promise, and which are looking clouded His outlook for 2023 And why - and how - you've got to be willing to buy and sell the hot stocks in order to make your gains stick. You can access this and previous episodes of the Your Wealth podcast now on iTunes , Podbean , Spotify or at nabtrade.com.au/y...
Dec 21, 2022•36 min•Ep. 175
Protecting your wealth is becoming increasingly challenging in a digital world. As recent corporate data breaches have shown, data is big business, and keeping yours safe is critical. NAB’s Security Team joins the podcast to share: Why your data can be at risk through no fault of your own What you can do if your data has been breached, or you think it has What companies and small business can do to better protect their customers, and How to protect yourself as best you can ou can access this and...
Dec 07, 2022•30 min•Ep. 174
Energy has been the strongest performing sector on the ASX this year, and investors are more excited about materials than ever. So what has changed in the outlook for the world’s key resources? MineLife’s Gavin Wendt joins the podcast to share his thoughts on: Why prices for key metals could stay high for the foreseeable future What high energy prices mean for the global economy How the transition to renewables will affect battery metals and more, and Which resources he’s most bullish – and bear...
Nov 23, 2022•44 min•Ep. 173
When the economic environment is uncertain, it can pay to cut out the noise and look to company fundamentals. But where should an investor look when so many big names are under water and facing a downturn? Firetrail Investments’ Anthony Doyle joins the podcast to discuss: Why markets are struggling to direction after heavy falls this year How investors should view the coming economic challenges Where opportunities exist despite the challenges, and Hot stocks in sectors that might spark your inte...
Nov 09, 2022•44 min•Ep. 172
Following a ‘bull market of galactic proportions’, this year’s falls across nearly all asset classes have made life difficult for many investors. The ultimate question – are we there yet? Platinum Asset Management’s Julian McCormack has been vocal about the challenges ahead for global equities, and talks to: Why US unemployment could head to 10% before it falls below 4% again Why earnings estimates remain ‘fanciful’ The strange bullishness in this bear market, and Why patience is a virtue for al...
Oct 26, 2022•38 min•Ep. 171
While we all like to believe we’re rational beings, our financial decisions – from buying a coffee to buying a house – often suggest otherwise. So how do we get a grip on our emotions in order to grow our wealth? Evan Lucas from InvestSmart shares the key insights from his new book, including: How to understand your financial decision making What drives us to do the things we do The impact relationships have on our financial decision making, and How to improve your thinking and stay on track. Yo...
Oct 12, 2022•54 min•Ep. 170
Investors using traditional metrics to assess the value of a company have had a long decade in the wilderness, but the recent weakness in equity markets is starting to expose opportunities. Perpetual Investment’s Deputy Head of Equities Vince Pezzullo shares his thoughts on: What normalisation really means for markets Why the trends of deglobalisation and decarbonisation aren’t going away The standout performers in Australia’s recent reporting season, and The most attractive factors to look for ...
Sep 28, 2022•37 min•Ep. 169
Investors are always looking for an exciting bandwagon, but Morningstar’s global research has tracked thematic portfolios back to the 1950s, and found many don’t survive. So what should you be looking for? Morningstar’s research manager Justin Walsh shares his thoughts on: Why we’re so bad at picking winners Some of the big hits of the past that fizzled, and some that survived What investors should be looking for when choosing a portfolio, and Why the data tells a story that the marketing campai...
Sep 14, 2022•41 min•Ep. 167
As the ASX200 tracks sideways, and global markets stumble, the easy wins from 2020 seem a long time ago. So how does an investor approach these more challenging times? Veteran stock picker Henry Jennings of Marcus Today gives his thoughts on: Some of his top picks on the ASX Why a good story may not cut it anymore The research process that helps uncover gems in a difficult market and Why a long term strategy is critical. You can access this and previous episodes of the Your Wealth podcast now on...
Aug 31, 2022•41 min•Ep. 166
The great shifts in our society have created dramatic wealth creation opportunities for those who can read the signs. So what does the world’s largest asset manager look for and how can an investor ensure they’re riding the right wave? BlackRock’s Tommy Taw shares his thoughts on: The three key features of a sustainable megatrend The five major trends driving change in today’s world How to ensure that you’re exposed to the winners of tomorrow, and Why concentration risk matters for investors see...
Aug 17, 2022•25 min•Ep. 165
With equities under pressure and property and bonds suffering, investors could be forgiven for wondering what else is out there. What about private equity, infrastructure and venture capital? Wilson Asset Management portfolio manager Dania Zinurova has spent her career focussing on real assets, and shares her thoughts on: Why retail investors have been excluded from alternative assets in the past What opportunities lie outside traditional asset classes How venture capital and private equity offe...
Aug 03, 2022•38 min•Ep. 164
Interest rates are rising, and Coolabah Capital’s Chris Joye is predicting house prices will fall by 15-25%... at least. This isn’t just a clickbait headline – it’s a data driven forecast based on the RBA’s own model. So what could that mean? Chris shares his thoughts on: The impact of rising rates across the economy, and why all assets have been hit Why mortgage defaults are inevitable, and what that means for the economy How lower rates have increased house price volatility Which asset classes...
Jul 19, 2022•49 min•Ep. 163
As the market adjusts to higher inflation and higher rates, many investors are thinking about the ‘sleep at night factor’. But there are other sleep at night factors that may be hiding in your portfolio – are you okay with investing in tobacco, armaments or companies with holdings in Russia, for example? So how do you invest to ensure you can sleep at night? JBWere’s Head of Responsible Investing and Alternatives Gillian Gordon shares: Why the world’s wealthiest people are serious about responsi...
Jul 06, 2022•37 min•Ep. 162
With the S&P500 in firm bear market territory, investors are getting worried. Is it time to buy, and if so, what should you be looking out for? Maroun Younes, portfolio manager of the Fidelity Global Future Leaders Fund, shares his thoughts on: The single most important thing to look for in a company right now Which markets offer the safest upside Why some of the world’s best companies underperformed for a decade in the early 2000s, and What to avoid if the sell off deepens. You can access t...
Jun 22, 2022•33 min•Ep. 161
After years of ‘valuing’ businesses on sales, total addressable market and other blue sky metrics, the market is suddenly getting very serious about… profits. So should investors rethink their holdings in this new (old) world? Popular guest and fund manager, Dan Moore of Investors Mutual, shares his thoughts on: Why the days of growth at any cost are over Where to find value as the market rotates into formerly unloved sectors What to look for as the outlook remains subdued, and How to love borin...
Jun 08, 2022•33 min•Ep. 160
In the early 2000s, the tech-heavy Nasdaq index lost almost 77% of its value – and didn’t make another new high for 15 years. Today’s behemoths like Amazon were caught up in the sell off, and took two decades to recover. Is the recent sell off in global equities going to repeat history? Platinum Investment’s Julian McCormack shares his thoughts on: Why there’s further to go in this downward trend How to respond to a bear market Where there are pockets of value around the world worth focussing on...
May 24, 2022•49 min•Ep. 159
Interest rates have been low and falling for over a decade. Rising inflation has forced the RBA to raise rates two years earlier than expected, and the implications are huge. AMP’s Shane Oliver shares his thoughts on: Why rates will go higher from here, and how quickly How rising inflation threatens the global economy The impact rising rates will have on equity and property markets, and Why taking a long term view is critical as asset prices falter. You can access this and previous episodes of t...
May 11, 2022•42 min•Ep. 158
In a cycle where negative events are almost biblical in their proportion (floods and plagues), it’s hard to keep the upside in mind. But as Gaurav Sodhi of the Intelligent Investor tells it, you need to look for the opportunity in challenging times. In this conversation, Gaurav shares: His ‘diabolical motive’ for loving resources How to be an outsider in a market that likes consensus Two sectors where you can cultivate a competitive advantage Why he’s rotating out of his most recent big wins, An...
Apr 27, 2022•40 min•Ep. 157
Roger Montgomery joined this podcast last year and shared three reasons why he was bullish on this market. As rates rise, inflationary pressures build, and the war in Ukraine continues, has his view changed? Popular guest Roger Montgomery of Montgomery Investment Management shares his thoughts on: How seriously we need to take rising inflation Why the risk of a correction is ever present Which sectors have the greatest potential If it is too late to get on board the lithium train, and Why invest...
Apr 13, 2022•41 min•Ep. 156
Persistently high inflation, decade high oil prices and the threat of rising interest rates are making investors nervous. But what if we’ve seen all these factors before, and it’s possible to imagine who might win and lose in the coming year? Veteran stockpicker Henry Jennings from Marcus Today shares his thoughts on: Which sectors have strong tailwinds in the current environment The milestones to look for when picking a potential mining multibagger What to avoid in a high interest rate environm...
Mar 29, 2022•50 min•Ep. 155
Supply chain pressures and war in Ukraine have driven commodity prices to record levels, from oil and gas to nickel and copper, as well as gold and iron ore at multi year highs. The ASX200 is a resource-heavy index, but you may be underweight. So are higher prices – and higher demand – here to stay? Gavin Wendt from MineLife shares his thoughts on: How high prices can really go What factors are driving prices, and how persistent they are likely to be Which resources are likely to offer the stron...
Mar 16, 2022•39 min•Ep. 154
Some of the world’s biggest tech stocks are down more than 50% from their highs, as investors question paying eye-watering multiples in a rising interest rate environment. So is this a time to buy, or stay well away? Andrew Macken of Montaka Global Investments joins the podcast from the US, to discuss: Why profitless growth is a dangerous game in this environment How monetary policy affects the tech sector Which companies will survive a rout Whether the day of reckoning is really here, and How i...
Mar 01, 2022•35 min•Ep. 153
Talk of rising interest rates is making markets jumpy. But how high are rates expected to go, how quickly, and what are the likely impacts? nab Markets Head of Research Ivan Colhoun has spent a lifetime watching rates, and shares his analysis on: What ‘normal’ interest rates look like, and how quickly we’re likely to get there How seriously we need to take rising inflation Why Australia differs from the US, and other large economies, and How rising rates will affect businesses, consumers and mar...
Feb 15, 2022•42 min•Ep. 152
When Chris Conway bought his first shares, he doubled his money – then came close to losing it all. So how does a novice learn to trade and invest after a wild early ride? These days Chris is a popular trading specialist, as well as Marcus Today’s lead fund manager, and in this podcast he shares: The five books he recommends every trader read Why early wins can set you up for failure His preferred technical indicators, and The models he uses to unearth potential gems in a volatile market. Want t...
Feb 01, 2022•35 min•Ep. 151
Eleanor Swanson from Firetrail Investments is well known for having ‘thumped the table’ to get her older peers to take note of Afterpay. With a background in science, though, now she’s looking to medical biotech and more for growth. In this discussion, she shares: How to keep your eyes open for growth opportunities Which sectors have the greatest potential Four stocks to add to your watchlist, and Why the impact of Covid will continue to fuel demand at your local laser clinic. You can access thi...
Jan 19, 2022•34 min•Ep. 150
