FundMonitors.com

Paul Sanger, Head of Sequoia Direct, welcomes Chris Gosselin from FundMonitors.com, for Episode 1: to discuss the week's significant events. They highlight the attempted assassination of Trump, its impact on the market, and Trump's contentious remarks about Taiwan's semiconductor industry. They analyze the differences between the US and Australian economies, particularly in handling inflation and interest rates, noting a shift in market focus towards small caps. The discussion also touches on recent market movements, China's economic slowdown, and Australia's rising unemployment, concluding with an outlook on next week's market expectations. Watch the full video here: https://lnkd.in/gwS_EKiE

Our latest Hedge Clippings dives into US politics with Biden still in the race and Trump gaining ground. Global leaders like Zelensky, Lai Ching Te, and Xi Jinping are closely watching the outcome. On the economic front, US inflation has eased, hinting at potential Fed rate cuts, while Australia's outlook hinges on upcoming CPI data. #marketinsights #economy #interestrates

Seek's national job ads count is down 17% over 12 months; corporate bankruptcy/administration filings at multi-year highs; equal-weighted tech stocks are lagging cap-weighted tech performance by even more than the broader US market... Read Equitable Investors Pty Ltd's 10K Words July Edition below. https://lnkd.in/gHXDCpaQ

In 2024, elections in 64 countries and the EU, covering nearly half the world's population, have spotlighted the varied state of democracy globally. The UK's recent election revealed significant flaws in its first-past-the-post system, contrasting sharply with Australia's more balanced proportional representation. Meanwhile, Russia and China continue to exhibit limited democratic practices. As the US prepares for its own contentious election, featuring Biden and Trump, Australians can appreciate their relatively robust political system.

Australian investors often prefer to invest in Australian shares due to their familiarity with local companies. For generations, many have held shares in iconic Australian firms like BHP Billiton, Woolworths, and Westpac Banking, or their predecessors. While many Australians invest locally, they are spending with global companies, regularly choosing to consume products and services from global mega-brands. Read Magellan Financial Group's full article here: https://lnkd.in/gUDJ9DA4

This week we're going to start on politics, and then move on to the economy - or more specifically the outlook for inflation and interest rates. This is partly because last week's Hedge Clippings only touched on the US Presidential Debate as it was still underway as we were putting the finishing touches to our commentary, and partly because we underestimated how badly Biden had performed.

Equity markets were stronger in May. In the US, the S&P 500 rose +4.8%, whilst the Nasdaq was also very strong, up +6.9%. In the UK, the FTSE rose +1.6%. Of note, more than half of the S&P 500's gain was due to four mega cap tech stocks (Nvidia +26%, Apple +13%, Microsoft +7%, and Alphabet +6%). Read Glenmore Asset Management's Market Commentary here: https://lnkd.in/gx_SCtYt

Like it or not, this week's inflation figures confirmed an unpleasant reality: The RBA is now closer to raising rates than cutting them. Although it was only the monthly number, inflation inched up in April to 3.6%, from 3.5% in March, but then jumped to 4.0% in May.

We have semiconductors snatching the sector title in equities as penny stock activity also rise in the US (not so much in Australia; and no mention of GameStop here, sorry). B2B SaaS growth moderates - as have tech EV/Revenue multiples - and strategists are now looking at strong US corporate earnings growth - will it drive capex or will it fall short itself as demand cools? Read Equitable Investors Pty Ltd's https://lnkd.in/gdzDn55b

For the 16th consecutive month, property prices across the capital cities have risen, with CoreLogic's Home Value Index reporting a 0.8% increase for the month of May, the largest monthly gain since October 2023. The regions also continue to experience growth, with a combined 0.6% increase. Read Australian Secure Capital Fund Ltd's Market Update here: https://lnkd.in/gbgtWqGz