Generate’s Investment Distribution Manager Matt Hanchet talks to Investment Specialist Greg Smith about the key market themes from August – from a strong global reporting season and continued AI investment to volatile bond markets, New Zealand company results and the latest Reserve Bank decision.
Topics covered
- Global earnings remained resilient. What did the latest reporting season tell us about the health of companies and the wider economy?
- AI continued to be a major market theme. Nvidia, Microsoft, Amazon and AMD were among the companies highlighting how AI investment is translating into revenue and earnings – while the opportunities are increasingly extending beyond the technology sector.
- Bond markets had a volatile month. Greg explains how inflation, employment data, government debt and central bank expectations influenced yields, the US dollar and gold.
- New Zealand companies were back in the spotlight. Hear what results from Fisher & Paykel Healthcare, Vulcan Steel, Port of Tauranga, Spark, Fletcher Building, The Warehouse and Air New Zealand could be telling us about the domestic economy.
- The Reserve Bank was also in focus. Matt and Greg discuss the latest interest rate decision, inflation pressures and what the Bank’s messaging could mean for the economic outlook.