Episode 15: Google results save the day... but for how long?
Market Insight: Earnings season in the US went into full swing with 25% of the S&P500 delivering updates this week, with some wild swings in the Magnificent 7.
Stagflation, the enemy of Central Banks and the equity market is looking more and more real as growth slows in the US and inflation rises
Meanwhile, the Copper party continued with big M&A movement in the space as the worlds biggest miner doubles down on the essential energy transition material & fresh 2-year highs
Stock Spotlight:
- BHP (BHP): BHP already one of the biggest copper miners in the world, doubles down on the essential energy transition mineral with a whopping $60B bid for Anglo American
- Resmed (RMD): GLP-1? What GLP-1? Resmed results defy Eli Lily Drug advances for sleep apnea
- Newmont (NEM): The S&P500’s only gold miner, shot the lights out with a big earnings result
Trade of the Week: Newmont (NEM) one of our largest holdings, Newmont surged around 15% late in the week on earnings report
