FEAR & GREED | Business News

Markets are seeing some ups and downs, with a flat ASX today. The Prime Minister is defending a controversial gas deal that has sparked debate. Nvidia's stock is on the rise, signaling positive momentum in tech. Meanwhile, copper prices are getting a boost. In a surprising turn, Dogecoin takes a dip as Elon Musk steps back from his involvement, leaving fans and investors anxious about the future.

Explore the intriguing distinctions between monthly and quarterly Consumer Price Index data. Discover how goods experience rapid price fluctuations while services remain stable amidst inflation. The conversation highlights the impact of these reports on understanding inflation trends and making economic decisions. From interest rates to market reactions, the insights reveal why it's crucial to pay attention to both types of data for a comprehensive view of the economy.

The discussion reveals that inflation remains stable, paving the way for potential interest rate cuts. Political shifts within the Liberal Party see prominent figures demoted. Labor celebrates gaining Senate control, allowing for easier legislation passage. Meanwhile, Woodside’s gas project receives a long-term green light. Myer aims to attract younger shoppers with an enhanced loyalty program. On a different note, SpaceX’s latest test flight ends in yet another explosive setback, raising questions about future ventures.

Dave Butler, Co-CEO of Dimensional Fund Advisors and former Boston Celtics draft pick, shares insights from his transition from sports to finance. He discusses the importance of maintaining a long-term investment strategy amidst market noise and emotional fluctuations. Listeners learn the distinctions between passive and active investing while enjoying anecdotes from his basketball days. Butler highlights Australia's pivotal role in global asset management, emphasizing its unique investment landscape and the value of strong advisor-client relationships.

The podcast highlights positive inflation trends contributing to market stability. A significant gas project extension is on the horizon, boosting optimism. The Labor party's recent Senate victory has reshaped the political landscape. Meanwhile, the ASX closes flat, reflecting investor caution. Web Travel showcases a strong performance this year, while Goodman faces delays in its operations. Tune in for a quick yet insightful update on today's business and economic developments.

Why do companies opt for stock splits? Discover how these splits increase share quantity while preserving overall value, making stocks more appealing to retail investors. The conversation delves into the rarity of stock splits in Australia compared to the U.S. and the challenges of valuing shares after a split. Notable cases, like Berkshire Hathaway's refusal to split its shares, also provide intriguing insights into market behavior.

Telstra is shaking things up with a major restructure aimed at embracing AI and taking control of infrastructure assets. Meanwhile, Tabcorp's new proposal has irked pub owners, creating tension in the industry. On a darker note, a staggering 85% of Australians may have harmful 'forever chemicals' in their system, raising serious health concerns. Plus, the political scene heats up with Jacqui Lambie's Senate victory and mounting tensions involving Donald Trump and the Kremlin.

Beau Bertoli, Co-founder and Chief Revenue Officer of Prospa, discusses the resilience of small businesses in Australia amid economic pressures. He highlights the recent trend of declining interest rates and potential growth opportunities for SMEs. The conversation covers the importance of financial sustainability, rapid financing solutions compared to traditional lending, and the necessity for tech adoption, particularly AI. Bertoli emphasizes that education on these tools can significantly enhance productivity and customer experience for small businesses.

Markets are on the rise, reflecting a positive trend in the ASX. A judge has issued stern warnings aimed at corporate directors about accountability. The rising energy costs are scrutinized, with insights from Lowe on the implications for the economy. Additionally, there’s a notable bid for a copper miner that could shake up the industry. Lastly, a tragic incident during a football parade in Liverpool adds a somber note to the day’s news.

Discover what a sovereign wealth fund is and how it operates, with a close look at Australia's Future Fund versus Norway's. Unearth the economic significance these funds hold for their nations and explore the intriguing global landscape of sovereign wealth, especially China's vast investments. The discussion highlights concerns regarding transparency and regulatory issues, offering a well-rounded understanding of why these funds aren't often in the spotlight.