Episode description

It’s another one of your favourite episodes with Candice and Felicity delving into current market sentiments, highlighting both bullish and bearish trends, before giving us two investing ideas. Bullish indicators include the S&P being oversold, strong M&A activity, and positive labor news. On the flip side, bearish signals involve hawkish tones from the Fed, upward pressure on rates, and a shift in investor sentiment towards safer assets. 

Candice brings her new investment idea - Uber, an international growth company trading below its IPO price but at a higher valuation, and reiterates CSL as a buy - known for its strong performance in revenue, margin, and cash flow. RMD, another stock in the sector, has become less attractive due to uncertainties around obesity drugs and a significant 6-month sell-off of 30%. Felicity pitched a new idea in GrainCorp a leading Australian agribusiness and processing company, with integrated operations across four continents and a proud history of delivery for customers for more than 100 years. Then she reiterates a buy for IGO - the mining and metals industry supports nearly half of the world's economic activity according to some estimates, providing the raw materials that make life possible for nearly eight billion people.

Follow Talk Money To Me on Instagram, or send Candice and Felicity an email with all your thoughts here. 

Felicity Thomas and Candice Bourke are Senior Advisers at Shaw and Partners, and you can find out more here. 

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In the spirit of reconciliation, Equity Mates Media and the hosts of Talk Money To Me acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. 

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