In June, the AI stocks continued to lead the charge, pushing stock markets higher. For the year to June, an almost 20% increase in international stocks drove all strategies.
This week we also scoot around the world at sector and country valuations. Where looks cheap, and which countries have run too hard? Agenda: Global Earnings overview Australia vs World Sectors Stocks Implications for markets View the presentation slides Click here to subscribe to our YouTube ...
Are we headed for Tech Boom 2.0? There are considerable parallels between the tech boom in the early 2000s and the AI boom of the last year.
In May, the AI stocks continued to lead the charge, pushing stock markets higher. Our international portfolio outperformed given our exposure to those themes, our tactical portfolios outperformed as international stocks rose considerably more than Australia stocks.
The Reserve Bank of Australia has held rates again and hasn't added a hawkish bias but its rhetoric is less patient:
It's amazing how two economists can see the macroeconomy so differently.
For 13 years, this website has tracked the decline and fall of Australian policymaking. We have been astounded at how low politics and policy can go at every turn, but in actuality, this is a reflection of our age.
A couple of notes from BCA make some good points about the prospects for Chinese growth.
China recently re-sparked a metals boom with more announcements of stimulus. We are joined by David Llewellyn-Smith today as we explore the stimulus, what is real and what is a mirage. View the presentation slides Click here to subscribe to our YouTube channel to be notified when this and future ...
In this week’s podcast Nucleus Wealth's Chief Investment Officer, Damien Klassen, looks at the growing mania around the boom in AI and the similarities in macro events to the tech boom in 1999. Agenda: Technological Macroeconomic similarities Societal change View the presentation slides Click here ...
