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Interview: What’s next after the local share market’s record highs?

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Manage episode 429204563 series 2749949
Content provided by Adam Lang and Fear and Greed. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam Lang and Fear and Greed or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Local markets surged to a record high early this week, with the S&P/ASX200 hitting the 8000 mark. This comes off the back of weaker than expected US inflation data. The gains are the latest in what has been a fruitful run over the past few months.

ASX investors mostly have the big four bank stocks to thank for this latest peak. All four of the big banks, Commonwealth, ANZ, National Australia Bank and Westpac have climbed in recent months, hitting new 52-week highs, with the Commonwealth Bank eclipsing BHP to become Australia’s largest public company. Matthew Kidman, Principal at Centennial Asset Management is tipping an interest rate cut towards the end of the year, which will see the housing market fire up, meaning further good news for the banks.

This is general information only. You should seek professional advice before making investment decisions.

Find out more: https://fearandgreed.com.au

See omnystudio.com/listener for privacy information.

  continue reading

3479 episodes

Artwork
iconShare
 
Manage episode 429204563 series 2749949
Content provided by Adam Lang and Fear and Greed. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Adam Lang and Fear and Greed or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Local markets surged to a record high early this week, with the S&P/ASX200 hitting the 8000 mark. This comes off the back of weaker than expected US inflation data. The gains are the latest in what has been a fruitful run over the past few months.

ASX investors mostly have the big four bank stocks to thank for this latest peak. All four of the big banks, Commonwealth, ANZ, National Australia Bank and Westpac have climbed in recent months, hitting new 52-week highs, with the Commonwealth Bank eclipsing BHP to become Australia’s largest public company. Matthew Kidman, Principal at Centennial Asset Management is tipping an interest rate cut towards the end of the year, which will see the housing market fire up, meaning further good news for the banks.

This is general information only. You should seek professional advice before making investment decisions.

Find out more: https://fearandgreed.com.au

See omnystudio.com/listener for privacy information.

  continue reading

3479 episodes

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