Henry Jennings on the lessons from 2024

If there was ever a year that ‘time in the market’ should be your adage, 2024 was it. Domestic and international equities defied expectations and delivered strong returns for patient – or brave – investors.

So what can we learn? Henry Jennings from Marcus Today joins the podcast to discuss:

• Whether it’s time to take profits in the banks
• What the catalyst for a turnaround in resources could be
• Why he believes the US could have a lot further to run, and
• How the next year is crucial for the global economy, and stocks.

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.

One rare point of agreement ahead of Trump’s presidential win was that his policies would be highly inflationary, and likely to result in a higher for longer rate environment. This has enormous implications for all asset prices – including yours. So where to now?

Coolabah Capital’s Chris Joye joins the podcast to discuss:

• Why venture capital, high yield bonds and property should suffer in a higher rate world
• How the global growth in public spending is already affecting markets
• Which assets have outperformed as the rates environment has normalised, and
• How APRA’s hybrid securities proposal could affect fixed income options for investors.

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.

Ira Epstein has been trading US markets since the 1970s, and he’s seen it all. So is he excited or concerned about this frothy market?

In this timely podcast, Ira joins the podcast from Chicago to share his thoughts on:

• AI, driverless cars and uncharted territory for the labour market
• Why Warren Buffett is building a huge cash buffer
• How rates markets have overestimated the potential for cuts
• Tariffs and geopolitics – potential winners and losers, and
• Why, if you’re going to invest, you’ve got to be in the best companies.

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.

While many look to smaller companies for growth potential, the ASX offers a number of high quality smaller businesses at attractive valuations as well. So where should investors look for potential winners?

Firetrail Investments portfolio manager Eleanor Swanson joins the podcast to discuss:

• why the more cyclical end of the market should start to perform
• where to look for turnaround stories and the right kind of re-rating
• the resources sector with the best supply/demand outlook, and
• her favourite stocks now, and what she’s keen to buy in a pullback

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.

With the US election just weeks away, markets feel almost eerily calm. But the potential for significant policy divergence and volatility in markets remains – so what are the key risks and opportunities, and who wins what?

Dr David Allen from Plato Investment Management joins the podcast to discuss:

• why traditional energy stocks rose 150% under Biden
• clean energy rose 150% under Trump
• how betting markets can be more accurate than pundits
• why the consensus narratives are largely inaccurate over time, and
• the one sector that is likely to outperform whatever the outcome.

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.

Given the recent rally in US equity markets, have Australian investors missed the window to invest globally? Historically, Australian investors have had a strong preference to invest in Australian-listed securities because the ASX tends to be dominated by dividend-paying companies and have less perceived risk than investing abroad.

Tamara Haban-Beer Stats, Lead ETF Specialist at BlackRock Australia joins the podcast to discuss:

• How Aussie investors can shed their home bias
• Investing in global equities and mitigating risk
• How ETFs can provide exposure offshore and
• What Australian investors should be focused on.

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.

While the rate cut cycle finally upon us – in the US anyway – the macroeconomic outlook remains uncertain, with inflation still above the target band for many central banks, unemployment rising, and share markets close to record highs.

Evan Lucas joins the podcast to discuss:

• why the rate cutting cycle doesn’t predict higher share prices
• how central banks are challenged by inflation and unemployment
• which data points are really relevant right now and
• what an investor can do to benefit from the potential challenges ahead.

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.

Billionaire investor Warren Buffett has recently made headlines with a huge selldown in Apple stock. As his cash pile grows, some are wondering whether it’s time to trim exposure to equities. Today, however, the Economist is asking (again) if Buffett has lost his touch.

Roger Montgomery, CIO and founder of Montgomery Investment Management, shares his thoughts on:

• why Buffett can’t help accruing cash, and what he’s really been doing with it
• four new stocks that Berkshire Hathaway is buying instead of Apple
• the Australian companies that Warren would buy in a sell off, and
• how to build wealth like the man himself

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 doesn’t change about investing? While we’re all looking for an edge, getting back to basics can help you make the most of your financial situation, regardless of your starting point.

Podcaster, author and former financial planner Glen James joins the podcast to share:

• why past performance is actually a pretty good indicator of future performance
• what really constitutes investing
• how to minimise our own tendencies to do stupid things, and
• the best way to maximise your chances of financial success.

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.

As market reel at the possibility of the yen carry-trade unwinding and a US recession, Australia’s key exports remain solid. But are commodities a safe haven as volatility rises?

MineLife’s Gavin Wendt offers his thoughts on:

• the outlook for iron ore, gold, lithium and more
• prospects for larger and smaller miners in today’s environment
• whether Dr Copper is sending us a signal, and
• why gold stocks don’t correlate with the gold price, 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.

The extraordinary performance of the Magnificent Seven has somewhat masked dramatic underperformance from global small caps, including those in the US and in Australia. The tide may be turning though – is it time for smaller companies to shine?

K2 Asset Management’s George Boubouras joins the podcast to discuss:

• how today’s megacap tech winners differ from those of the tech bubble
• why not all small caps will win in the great rotation
• why the outlook for interest rates matters for the large and small end of your portfolio, and
• which sectors offer the most potential in this 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.