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JMI Wealth Director Andrew Kelleher discusses Mainfreight and the market reaction following yesterday's trading update which revealed that despite a rise in revenue, profitability continues to face challenges. He then reviews the US markets, with notable drops in Google and other leading companies and talk around investor rotation in tech stocks with possible implications on the "Magnificent Seven". Then, onto market figures.

JMI Wealth Director Andrew Kelleher reviews the Q2 earnings within the US market, highlighting the strong performance of stock indexes compared to the NZX. He also discusses Google's parent company, Alphabet, which reported exceptional results exceeding analyst forecasts on earnings per share. Additionally, he comments on the rollercoaster share price of Tesla and its lower-than-expected earnings per share. Then, onto market figures.

JMI Wealth Director Andrew Kelleher discusses the latest updates from The Warehouse Group, as Australian equity firm Adamantem Capital Partners enters into acquisition talks for the company with support from founder Sir Stephen Tindall. He also explores the market’s reaction to the Monetary Policy Review and the subsequent influence on the NZD and interest rates. Then, onto market figures.

JMI Wealth Director Andrew Kelleher provides an overview of Stonepeak’s takeover bid for the aged care company Arvida, exploring its significance for the retirement village sector. He also reports on The Warehouse Group’s recent ‘don’t sell’ announcement to shareholders, which comes in the wake of interest from founder Sir Stephen Tindall and Adamantem Capital Partners. Then, onto market figures.

JMI Wealth Director Andrew Kelleher reviews the latest Selected Price Indexes for June 2024 released by Stats NZ, examining the price changes for various goods and services. Next, he discusses the current issues facing Synlait Milk, including challenges with debt repayments and profitability. Then, onto market figures.

JMI Wealth Director Andrew Kelleher examines yesterday’s announcement from the Reserve Bank of New Zealand to maintain the Official Cash Rate at 5.5% and the subsequent market reaction. He then covers the latest immigration update, highlighting the current trend and the increasing number of New Zealanders heading to Australia. Then, onto market figures.

The US sharemarket led the way with another good performance in June. The importance of having an active investment adviser is as important as ever to deliver a return for investors. Andrew Kelleher provides an overview of how markets have performed in June

JMI Wealth Director Andrew Kelleher discusses Australian Business Confidence and Consumer Confidence, noting an increase in consumer pessimism alongside a rise in business conditions. He also talks about the Reserve Bank of New Zealand and the Official Cash Rate (OCR) Review, exploring whether the OCR will remain unchanged or experience a shift. Then, onto market figures.

The US sharemarket continued to outperform the rest of the world in June. Better-than-expected inflation data, lower longer-term interest rates and the ongoing resilience of the US economy all a factor in the strong performance. Read here for more on the June round up.

JMI Wealth Director Andrew Kelleher shares positive news from Contact Energy regarding Tuahara, their geothermal plant focused on increasing renewable generation and how this is expected to increase dividends. Next, he reviews the ongoing UK and French elections, discussing the political risks for financial markets and the potential for unexpected outcomes and changes. Then, onto market figures.

JMI Wealth Director Andrew Kelleher reviews the trading update from Summerset Group Holdings Limited, noting the company's report of record first-half sales. He also shares promising news for Infratil shareholders regarding the recent announcement for a revaluation of their CDC Datacentre investment. Additionally, he examines the ASB Household Sector Outlook released yesterday, discussing a potential reset for the sector and 12-month forecast. Then, onto market figures.

JMI Wealth Director Andrew Kelleher discusses the latest insights from Westpac NZ and Worldline NZ regarding consumer retail spending habits for the months of May and June. He also discusses which region has taken the top spot in ASB’s Economic Regional Scoreboard and the sector playing a key role in this outcome. Then onto market figures.