FEAR & GREED | Business News

Henry Yoshida, co-founder and CEO of Rocket Dollar, dives into the shifting landscape of retirement funds. He discusses the dominance of alternatives like private credit and equity in a $17 trillion IRA market. With inflation and geopolitical uncertainties in play, he explains why he’s bullish on gold. Henry also emphasizes that the traditional 60-40 portfolio is outdated and advocates for exploring private investments for better diversification. His insights on the future of real estate and the role of banks in private credit are particularly captivating.

The ASX is feeling the pressure ahead of the RBA meeting, with key market shifts on the horizon. Barnaby Joyce's surprising move to One Nation stirs reactions from political leaders. The government announces the end of a popular power bill subsidy, leaving many concerned. Arnott's secures a hefty $45 million loan to support its expansion efforts. Tensions rise as Australia and Japan condemn a threatening incident involving Chinese aircraft locking radar onto a Japanese plane.

Australia's mining sector shines while tech and healthcare stocks stumble. Rate hike fears chill the housing market and affect auction clearance rates. Defence warns about unexploded ordnance, urging caution as the holidays approach. The government faces scrutiny over Communications Minister Anika Wells' travel expenses. In major industry news, Netflix's $83 billion acquisition of Warner Bros raises eyebrows about the future of cinemas and content in the streaming world.

Stephen Koukoulas, a macroeconomic analyst nicknamed 'The Kook', joins to dissect crucial economic indicators. He dives into the latest GDP figures, highlighting a surge in household spending and solid investment trends. Koukoulas explains how the wealth effect is fueling discretionary purchases like cars and furnishings. He also discusses why global bond yields have risen, the potential for RBA rate hikes, and the impact of upcoming US Federal Reserve decisions on the economy. Tune in for insights on navigating financial headwinds!

Dive into the biggest managerial blunders that can derail a team! Discover how lack of communication leaves employees feeling unheard. Learn why avoiding tough conversations creates tension and undermines accountability. Explore the fine line between micromanagement and trusting your team. Uncover the importance of acknowledging employee efforts and the impact of slow action on underperformers. Ultimately, it's all about leaders owning their team's outcomes!

A surprise surge in GDP and household spending sparks a debate on interest rates and economic trends. Major political moves, including a new defense agency and health-drug talks, dominate the week's headlines. The hosts tackle controversies like costly hotel scouting trips and expensive flights to the UN. Meanwhile, Spotify Wrapped reveals intriguing Australian listening trends, with The Wiggles topping the list. Lastly, the conversation turns to the informal tobacco market fueled by high taxes, highlighting the need for policy changes.

The Australian stock market sees a slight uptick as it heads into key central bank meetings. Saluda Medical faces a bumpy start on the ASX after its IPO, raising questions about future tech in spinal stimulation. AGL makes headlines by pulling out of an offshore wind project, shifting its focus to gas and onshore renewables. Oprah Winfrey supports Australia’s social media ban for under-16s during her visit. In a major shakeup, Netflix is in talks to acquire Warner Bros Discovery, sparking discussions about potential legal hurdles.

Cigarette and vape taxes are driving a surge in illicit sales, raising public health concerns. Meanwhile, household spending sees a significant jump, impacting Reserve Bank decisions. The Australian housing target faces likely failure, with experts expressing doubts. On a lighter note, Spotify unveils its most-played artists and tracks, showcasing a mix of global and local talent. Lastly, Thailand eases alcohol restrictions to boost tourism, adding a twist to travel plans.

Andrew Dale, a partner at ECP Asset Management, shares insights on the evolving landscape of bank stocks in Australia. He explains why investors favor banks and the recent divergence in their performance since the Hayne Royal Commission. Andrew contrasts the strengths and weaknesses of the big four banks, and discusses strategies for choosing bank exposures based on individual investment objectives. He emphasizes the importance of quality in investment choices moving forward and evaluates the prospects of regional lenders, highlighting their unique challenges.

Markets are buzzing with the ASX 200 on the rise and household spending surging. Copper prices have hit a record high, benefiting major Australian miners. Meanwhile, ASIC raises alarms about inadequate whistleblower systems in many firms. In remote WA, six Chinese nationals have been discovered, prompting a response from Border Force. To top it off, severe heatwave warnings are in effect across several states. Stay informed about the latest market trends and significant developments!