Your Wealth

Why a US recession may already be biting

The economic data from the US can look rosy on the surface – low unemployment, a roaring stockmarket – but under the surface, cracks are appearing. Could a US recession portend doom for global growth and your portfolio?

Platinum’s Julian McCormack joins the podcast to share:

• Why low unemployment can precede an economic downturn
• How shipping rates and consumer data are predicting turmoil
• What investors should be considering as the S&P500 continues to shine, and
• Opportunities for those who have cash to spare, and strategies for those who don't.

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.

Prepping for tax time – strategies, tips and more

With just a few weeks until 30 June, now is the time to ensure you’ve reviewed your portfolio, contributed to super, and lined up all your deductions for EOFY. Is there anything you could be missing?

Chris Balalovski, tax partner at BDO, joins the podcast to discuss:

• The deductions available to business owners, salary earners and more
• Popular strategies to optimise your position
• How to avoid getting on the wrong side of the ATO, and
• A last minute win for those with businesses 

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.

Why the real economic crisis has yet to play out – and how to prepare yourself

InvestSmart’s Evan Lucas has written and spoken extensively about markets, the economy and financial behaviour. So what does he make of the current divergence between bond market pessimism and equity market optimism about the future of the economy?

When even the experts vehemently disagree about the outlook for everything, Evan gives his thoughts on:

• Why the most predicted recession on record hasn’t arrived yet
• Which sectors offer the most promise in this environment
• How to understand the signals each asset class is sending, and
• How to position yourself so your mistakes won’t hurt

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.

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.