Description
US tech investor Nat Friedman famously said "pessimists sound smart, optimists make money." He wasn’t referring to financial markets, but there’s something we can learn from that as investors. There’s nothing wrong with being mindful of risks and let’s be honest, at any given time the list of concerning issues is a lengthy one. However, when it comes to investing being an optimist pays off.
The US sharemarket has pushed higher since the election, building on the strong gains we saw leading up to it. The S&P 500 index is up 27 per cent (including dividends) so far in 2024, on the back of a similar rise last year. After the 60 per cent return since the end of 2022, is a...
Published 11/26/24
The final RBNZ meeting of 2024 is on Wednesday. Markets expect another 50-basis point cut, but could the RBNZ go bigger or smaller? We'll also get the retail sales report for the September quarter, and the latest monthly ANZ Business Outlook. There will be plenty to watch on the corporate front...
Published 11/23/24