In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, examines why Australia’s stock market looks expensive compared to global peers—and whether the nation’s limited exposure to high-growth tech and AI could see it left behind once again. Join us for the podcast at 12.30 pm AEDST. Can’t make it to the live series? Catch
Trade war tensions are keeping most risk markets contained but not in selling mode as Wall Street lifted again despite sentiment around the US economy as the latest Biege Book from the Fed was released overnight. The USD continues to decline as Fed members are still broadcasting a softer economy, particularly labour markets as ICE
From the Market Ear: Here we go SPX trading below trend channel lows for the first time since the latest bull started. Note we are below the 21 day. 50 day comes in at 6600 (futures). We outlined the fading momentum earlier this week, but first let’s see how this closes today. NASDAQ technicals NASDAQ