nabtrade

After years of anaemic growth, the outlook for the Australian #economy may have quietly but steadily improved. But what’s on the horizon? On this episode of the 🎧Your Wealth Podcast Gemma Dale speaks with NAB Chief Economist Sally Auld GAICD about the outlook for inflation, rates and some downside risks investors should keep in mind. Listen to the full episode below https://lnkd.in/gcHZApWB or head to https://lnkd.in/eNb9JGbY for more

The Reserve Bank of Australia left the official cash rate unchanged at its September meeting as expected, however the assessment of the economy has evolved in a #hawkish direction. After the statement and press conference NAB continues to hold the view the central bank will stand pat until May 2025, at which point it expects on further rate #cut of 25bp. Read the full report here https://lnkd.in/gACFMfRi

Interest rates are the name of the game locally in the week ahead, with the Reserve Bank of Australia all but certain to keep the official benchmark on #hold, with NAB expecting Governor Bullock to acknowledge upside risk on #inflation in the press conference following the decision. Globally, US #payrolls on Friday (unless delayed by a government shutdown) and Eurozone preliminary #CPI. Here’s what to watch in the week ahead https://lnkd.in/gjJQ4-dd

Australian #CPI topped a one-year high in August signalling some upside to inflation. Markets have now doubled down on bets the Reserve Bank of Australia will skip a rate move next week with NAB revising it’s own forecasts saying the central bank will remain on #hold for an extended period. Read the full report here https://lnkd.in/gCpd3DrV

📣 ICYMI Last week nabtrade held its second annual investor room discussing 'What the best investment ideas are right now?' Five of Australia’s leading markets experts share their investment insights and strategies. From the performance of the Australian economy to active investing and global investment strategies, they covered it all. Check out the ebook for an over view from each of the guest speakers below. Gemma Dale Sally Auld GAICD Gary Monaghan Anthony Doyle Dr. David Allen Damien Boey

Markets expect interest #rates to trend lower, which has significant implications for #equities – and the defensive and income #sectors of your #portfolio. With bank #hybrids being phased out, where next for yield? On this episode of the 🎧Your Wealth Podcast Christopher J. speaks with Gemma Dale about the risk to the outlook for global interest rates, why he's 'very bullish' on the US economy and how to invest as hybrids reach their maturity. Listen to the full episode here https://lnkd.in/gtnFD9zt or head to https://lnkd.in/eNb9JGbY for more

It’s all about inflation locally this week, with NAB tipping the August #CPI to remain steady at 2.8% y/y. Stat side, a deluge of data including #inflation data, preliminary S&P Global PMI’s and a raft of central bank speakers. Here’s what to watch in the week ahead https://lnkd.in/gnypJ7Ns

How avoiding red flags can save your #portfolio. The surge of passive, index-hugging strategies has created some striking distortions in global markets. NVIDIA, for example, is now valued higher than the entire UK stock market. Dr. David Allen David Allen from Plato Investment Management says these extremes create fertile ground, and with a long/short approach investors gain exposure to the most undervalued stocks while also unlocking performance. Watch the full video below or head to  https://lnkd.in/gEjBTpPv for more from the nabtrade Investor Room

As #markets make record highs, Pinnacle Investment Management Group’s Anthony Doyle says bearish-ness has become a business model - and there are still significant reasons to invest in global #equity markets. Hear why he thinks investors should utilise a dynamic, forward-looking, resilient global equity approach that balances growth, value, quality and risk management - and why passive is not a risk-free strategy. Watch the full video below or head to https://lnkd.in/gEjBTpPv for more from the nabtrade investor room.

No matter what your investment horizon or preferred way of investing, Damien Boey from Wilson Asset Management says the plumbing of the financial system matters. With central banks wrapping #markets in cotton wool, bond #yields and credit spreads remain suppressed while #stock markets run hard. Whether intentionally or not, as a result, many investors are choosing to become passive thematic buyers. So, when do we return to value and quality? Watch the full video below or head to https://lnkd.in/gEjBTpPv for more from the nabtrade investor room.