Your Wealth

Too soon to say it’s over - the outlook for tariffs, trade and chaos

Recorded 12 hours after Trump announced a 90 day ‘pause’ on global tariffs and the S&P500 staged a 10% rally in a single session, this podcast is designed to get you up to date with where we are now, and what it all could mean.

nab’s Head of FX Strategy Ray Attrill shares his thoughts on:

• The facts as we currently understand them
• Why China’s response is critical for Australia, and possibly the world
• The good news for Australian households
• How growth will falter despite the backdown, and
• Investment strategies that still make sense in a rapidly changing environment

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.

Cancel the cruise! An old hand on playing this market

With the ASX in correction territory and US indices in a bear market in just three days, investors could be forgiven for panicking. But many are cashing up and ready to buy the dip - is it time?

Henry Jennings from Marcus Today was on the trading floor in 1987 and has seen many crises. He shares his thoughts on:

• why those who think they can predict Trump's next move are too optimistic
• whether value has crept in to the market
•  strategies for retirees and accumulators, and 
• why this isn't the GFC or 1987 ... yet

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.

Borrowing to invest – like a home loan, or in super?

Borrowing to invest has long been a popular strategy in Australia as the loan interest cost is generally tax deductible. Borrowing for shares, however, really fell out of favour after GFC as investors feared they could be wiped out in the event of a margin call.

There are, however, other ways to borrow to invest. In this podcast, nab Equity Lending’s Phil McCall shares:

• A product that allows you to borrow for shares, with no margin call ever
• How to borrow to invest inside super
• The benefits of gearing to super charge your portfolio, and
• All the risks you must consider.

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.

Is the epic comeback of Chinese equities just the beginning?

While US equities stumble under the threat of tariffs and a record budget deficit, and the ASX pulls away from its highs, the Hang Seng has quietly staged returns of more than 25% year to date. So is the era of Chinese weakness over?

Dr Joseph Lai of Asian specialist fund manager Ox Capital joins the podcast to discuss:

• Why the question of whether Chinese businesses can innovate has been settled
• Whether the recent run in share prices has seen all the easy gains made
• Where the opportunities lie outside megacap tech in China, and
• What he learned working for investing legend Kerr Neilson.

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.

What the market got wrong and where the opportunities lie now

With reporting season behind us, and the focus on global challenges including daily tariff announcements and dramatic geopolitical shifts, investors could be forgiven for wanting a breather. This fund manager says it’s a year for boring returns, and being thoughtful about your exposure.

Aussie equities manager Hugh Dive from Atlas Funds Management joins the podcast to discuss:

• Which companies delivered during reporting season, and which didn’t
• The results the market has clearly misread
• Why Telstra is back to its old tricks
• The sector that remains overvalued, and
• Where he is sifting through the underperformers for opportunity.

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.

BHP, the banks and one for the brave – the ASX so far in 2025

As Australia’s largest companies hand down their numbers in reporting season, investors are starting to get a clearer picture on how the ASX is performing so far, what looks like good value, and which stocks have run too hard.

WAM Leaders portfolio manager Matt Haupt joins the podcast to discuss:

• Why Australia’s largest company is sitting 100% above its price target
• The biggest misses from reporting season
• Which stock could be a great opportunity if everything goes right
• The trading strategy that is driving big price movements, and
• Three potential winners in today’s market.

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.

What Trump 2.0 means for the ASX, Aussie dollar and the global economy

With 25% tariffs on Canada and Mexico threatened – and then postponed – over a weekend, investors could be in for a rocky ride. Tariffs on 10% on China are still slated to go ahead on 10 February. So what does all this mean?

NAB's Head of FX Strategy Ray Attrill shares his extensive insight on:

• What really happened with tariffs in Trump 1.0
• Why the AUD is under threat, and what could save it
• What Trump has really proposed, and whether it’s likely to go ahead, and
• How central banks are likely to react.

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.

Is this it? Nvidia, DeepSeek and the risks to your portfolio

AI hopes have driven the rise and rise of Nvidia and the megacaps, and delivered sensational portfolio returns over the last two years. But the emergence of cheaper, faster alternatives from China has suddenly shaken the narrative that only the biggest will win.

Growth manager Nick Griffin of Munro Partners has won big in the tech space so far, and shares his views on:

• Where the winners and losers from AI disruption are likely to come from
• Why Jeff Bezos’ vision in 1999 still rings true
• Whether Nvidia and co can whether this storm
• Two stocks at the forefront of AI innovation, and
• Where you should be looking for opportunity in this market.

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.

 

The information discussed in this podcast is for general information purposes only and is not financial advice. You should obtain independent advice from a licensed professional adviser before making any investment decision. The views held by Munro Partners are current at the time of recording and are subject to change. Past performance information given in this document is for illustrative purposes only and should not be relied upon as an indication of future performance. None of GSFM Responsible Entity Services, Munro Partners, its related bodies or associates nor any other person guarantees the repayment of capital or the performance of the Funds or any particular returns from the Funds. Information about the Munro funds is available at munropartners.com.au

Takeover targets, medtech and more – small caps ready to rise

After years of underperformance, circumstances could be ripe for a resurgence in the small cap end of the market. So where could the opportunities be looking attractive?

Small cap specialist Dean Fergie of Cyan Investment Management shares his thoughts on:

• Why cheap small caps are attracting bidders
• Which takeover targets look appealing and how to exit if you’re uncertain
• His top picks in medtech and defence, and
• Which sector he’s avoiding, regardless of the upside.

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.

 

An Intelligent Investor on how to get set for 2025

While it’s not critical to review your portfolio in the early days of the new year, it can be beneficial. But what should an investor be thinking about at this time?

Intelligent Investor’s Gaurav Sodhi joins the podcast to discuss:

• Why his worst picks of 2024 didn’t crush his overall return
• The golden rule he applies to his investments
• Whether we’re in a full blown bull market, or just close to one,
• And his top picks for 2025.

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.