Your Wealth

Roger Montgomery on finding quality growth in a slowing economy

As the economy slows, the booming stocks of recent years may no longer be firing up your portfolio. So where does growth come from?

Listener favourite Roger Montgomery joins the podcast to share:

• Why profitless growth is dead, but opportunities still abound
• Which companies continue to offer value to investors
• Why the search for yield can derail your portfolio, and
• How to find diamonds in the rough

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 return of fixed income – rebuilding your portfolio for yield

As interest rates fell over the last decade, investors sold their fixed income portfolios and sought yield in property, equity and other higher risk sectors. Now rates are normalising, a defensive holding in your portfolio becomes much more attractive. 

Fixed income portfolio manager Chris Joye of Coolabah Capital joins the podcast to discuss:

• How dramatic rate rises have affected fixed income and other asset classes
• The 101 of investing in fixed income assets 
• His outlook for rates, the property market and broader asset prices, and 
• His preferred opportunities in hybrids, corporate debt and more.

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.

Investing for the next ten years

As rates normalise and the world economy slows, the obvious opportunities for growth may not be right in front of you. So what should an investor be looking out for when it comes to picking the winners of the next decade?

Alison Savas from investment management boutique Antipodes Partners shares her thoughts on:

• What a winner looks like in this environment,
• How to employ the principles of pragmatic value when investing for the future
• How to avoid value traps and other pitfalls, and
• Why there are more opportunities out there for long term investors than the headlines may have you believe.

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 SVB’s collapse, ChatGPT and Alibaba’s break up mean for big tech

The dominance of big tech is still a key market driver, but recent events have accelerated the risks for investors in this sector. When you’re looking for growth, what opportunities do new technology present, and to what extent should investors be cautious?

In this timely podcast, Alphinity Investment Management’s Mary Manning shares her thoughts on:

• What the collapse of Silicon Valley Bank means for start ups, 
• How artificial intelligence will change the way we live, and how to profit from it
• Whether regulatory risk is the key driver behind Baba’s split
• Which region has zero companies she’s interested in hearing from, and 
• Where investors should really be looking to find profitable growth in a higher rate world.

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.

Outlook for the Aussie dollar and its impact on your portfolio

The Australian dollar is generally considered a risk sensitive currency, so what happens when markets are attempting to assess a US bank collapse, still hot inflation, and employment numbers that could be read two ways?

NAB’s Head of FX Strategy Ray Attrill joins the podcast to share:

• His forecast for the Aussie dollar, and outlook for the USD
• Why markets are rapidly repricing the likelihood of further rate rises
• The impact of China’s reopening on commodities and the Australian economy, and
• Whether inflation is likely to fall as quickly as central banks – and markets – are hoping.

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.

Are markets hoping for a fairytale ending?

While many are blaming central bankers for misjudging inflation, rates and economic growth around the world, sharemarkets are hoping that they can engineer a soft landing. So how realistic is the market's current outlook?

Investors Mutual portfolio manager Dan Moore shares his thoughts on:

• Why rates matter so much for shareholders
• What needs to happen for analysts to achieve their forecasts
• Whether  a 2% fall in rates - within 2 years - is unrealistically optimistic and
• What to do if you believe a miracle isn't on the horizon

You can also read Dan's thoughts here.

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’s going on in markets? Just look at the data

Sometimes a single statistic can tell a whole story. In a complex world, where rates and inflation are driving the narrative, 10 stats can tell you a lot about what’s going on.

Hugh Selby-Smith from Talaria Capital shares the 10 stats he thinks are most telling right now, and discusses:

• Why our human bias to extrapolate can get us into trouble
• How earnings expectations are diverging from the economic outlook
• How Tesla is now worth more than the bottom 70 companies in the S&P500, and
• What all this means for investors right now.

You can read the stats for yourself here.

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.

Jun Bei Liu on why a falling economy may not mean a falling market

The ASX was one of the world’s top performing sharemarkets in 2022, and has burst out of the gates in 2023. So how do investors position themselves when the top might be in?

Jun Bei Liu of Tribeca Investment Partners shares her thoughts on:

• Why the banking sector may have its best half yet
• What reporting season has in store
• What to buy in a sell off, and 
• The stocks and sectors she’s staying away from*

* Including a top pick from a favourite guest

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 works and what doesn’t in a world of higher rates and inflation

History may not repeat, but it can tell us a lot about the likelihood of certain outcomes, even in unusual times. Julia Lee of State Street Global Advisors has read the research, and believes it could be prophetic.

Julia shares her thoughts on:

• Which sectors have outperformed in downturns, and which haven’t
• Why the energy sector doesn’t perform the way you think it might
• What investors can learn from past performance across all asset classes, and
• Why the received wisdom about diversification needs to come with a caveat.

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 Scott Phillips wants you to know for 2023

New year is the time we all convince ourselves we’re going to be better, and getting our wealth sorted is often high on the list. So what does one of our favourite commentators wish we’d all buy, hold, sell and do for 2023?

Scott Phillips joins the podcast to discuss a bit of everything, including:

• Why markets are doing what they’re doing right now
• Which shares are very hard to resist at current prices
• How to prepare yourself for a higher rate environment, and
• The decisions you can make today to set yourself up for an awesome year.

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.