Episode 10: To Cut or Not to Cut?

22/03/2024 32 min Temporada 1 Episodio 10

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Episode Synopsis



This week's "Bulls vs Bears" summary:
Investors shrugged off high inflation data, fueling a tech stock rally. Federal Reserve Chair Jerome Powell maintained a consistent stance on inflation, with plans for three rate cuts in 2024 and a cautious approach to balance sheet reduction.
Stock Highlights of the Week:

Paladin Energy (PDN): Shares up 9.4%, with uranium prices rebounding.
Boral (BLD): Advised shareholders to reject Seven Group's buyout offer.
Maas Group Holdings (MGH): Expanded its quarry portfolio in a $70 million deal.
Fisher & Paykel Healthcare (FPH): Uplifted FY2024 earnings guidance.

MPC Webinar Series:

Upcoming topics include value trade, the energy transition, and AI investments.

Commodities and FX Review:

Highlights include lithium's volatility, gold reaching record highs, copper's supply-driven surge, and Bitcoin's rally.

Economic and Political Landscape:

Japan ends negative interest rates, marking a significant policy shift.
Australia's unemployment rate unexpectedly drops to 3.7% in February.

Trade of the Week:

DroneShield (DRO) showcases potential for growth with a strong focus on defense sector investments.