In light of escalating risks across valuations, political uncertainties, credit conditions, and labor market signals, we recommend adopting a defensive “risk-off” posture for client portfolios. This involves raising cash levels, trimming overextended positions, and outright selling select high-risk holdings exposed to volatility.
Navigating Market Volatility: Insights from the Investment Committee
For investors navigating the AI hardware landscape, distinguishing between training chips and inference chips is crucial. This guide breaks down their key differences, explores practical uses across industries, highlights leading players like NVIDIA’s market dominance and emerging challengers such as Qualcomm, and explains why standard CPUs and RAM fall short for handling large language models—equipping you to spot investment opportunities in this evolving sector.
Amazon crushed earnings on the back of AWS—but what does that mean for AI-led infrastructure and the rest of the MAG-7? In Episode 92, Jonathan and Kai dive into a mixed week for equities, Japan’s booming Nikkei, Australia’s CPI shock, the Fed’s “hawkish cut,” and a powerful move in uranium and gold. Plus: Kai’s thoughts on CSL after the sell-off and Jonathan’s Trade of the Week—Ballard Mining (BM1).
Our analysis indicates PLS demonstrated solid operational execution in Q1 FY26, achieving a 2% production increase to 224.8kt and a significant 24% jump in realized spodumene price to US$742/t. This, coupled with disciplined cost management resulting in a 9% year-on-year decrease in CIF costs to US$422/t, drove 30% revenue growth to A$251 million, exceeding analyst expectations on price and cost metrics. These fundamentals validate our earlier entry point and current valuation.
Taking profits in our Gold miners and Uranium Stocks to buy U.S. healthcare ETFs could be a good strategic move as a resolution of the U.S. government shutdown (now into its 16th day, double the average shutdown) would restore market confidence and strengthens the dollar.
Pilbara Minerals reported a challenging half‐year where – despite record production and higher sales volumes – lower average realized prices put significant downward pressure on revenues and margins.
Market sentiment was dampened by the significant decline in the Civil Construction and Hire segment, which saw a 47% drop in EBITDA due to project delays and losses.
The softness in overall profitability (notably the decline in EBIT, net profit, and EPS) and the lower-than-expected cash conversion further contributed to the negative market response.
The S&P/ASX 200 index fell 0.6% in early trading on Monday, tracking Wall Street’s decline, before recovering slightly to trade 0.3% lower by 2:01 PM.
The ETF Elite Portfolio has performed well, with a return of 1.86% since inception after fees, aligning with its goal of outperforming the ASX 200 benchmark by a couple of percentage points annually.
Dive into the world of ETFs and exchange rate risk, where the Aussie dollar dances with global currencies, creating opportunities and challenges for your portfolio.
Dive into the world of ETFs and exchange rate risk, where the Aussie dollar dances with global currencies, creating opportunities and challenges for your portfolio.
