Devon Funds Management Market Update

Devon Head of Retail Greg Smith discusses with Mike Hosking the rebound in markets on Friday on the back of a number of positive developments, including a rate cut in China and a better-than-expected UK retail sales print. Back home he provides his thoughts on results from Ryman Healthcare, and My Food Bag, which drove rallies in both companies' share prices. For more market insights and for our t...

Greg Smith runs the ruler over the budget with Mike Hosking, and also discusses strong results from Infratil. He also considers what the latest Aussie jobs numbers mean ahead of election day tomorrow. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith provides his thoughts to Mike Hosking on the sell-off in US markets following results from Target which missed the mark by some distance. He also discusses UK inflation which has hit 9%, and an improving outlook for a kiwi travel software company. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail, Greg Smith talks to Mike Hosking about results from US retail giants Home Depot and Wal-Mart, along with those from telco behemoth Vodafone. He also discusses the latest dairy auction with the GDT index posting the 5th decline in a row - but is there a ray of brightness for dairy prices? For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith discusses with Mike Hosking economic data out of China which highlights the impact of the current lockdown there. He also looks at takeover discussions regarding a major logistics player in Australia. Back home he reviews the government’s Emissions Reduction Plan. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith talks with Mike Hosking about the rebound in US markets following comments from the Fed Chair, and a strong set of results from the world’s most valuable company. Back home, he reviews a robust quarterly update from The Warehouse. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith discusses with Mike Hosking the strong factory gate inflation print in the US, and why there may be a ray of light for investors amidst recent volatility. He also looks at impressive streaming numbers from Disney+ and the sharp share price reaction on the ASX to results from kiwi success story Xero. For more market insights and for our terms and conditions, visit ww...

Devon Head of Retail Greg Smith discusses with Mike Hosking the latest CPI print in the US and some earnings results from a couple of well-known names. Back home he looks at full year numbers from church donation software provider Pushpay, a company which is the subject of takeover interest. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith discusses with Mike Hosking the rebound in stock markets overnight around comments from various Fed officials. He also looks at a big acquisition that Pfizer is doing in the migraine therapy space, and covers off a hot result from tyre manufacturer Pirelli. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith discusses with Mike Hosking the fall in the US indices overnight and on concerns around the global economy. Closer to home he looks at a trading update from Freightways and the implications of telco tower sales across the Tasman for Spark New Zealand. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith speaks with Mike Hosking about better-than-expected jobs numbers in the US and what it means for investors. He also discusses the cratering in the share price of a well-known sporting apparel company which has been wearing higher costs rather than passing them on. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith speaks to Mike Hosking about the sell-off on Wall Street which has given back all of the previous day’s gains post the Fed meeting. He also recaps a huge earnings result from oil major Royal Dutch Shell. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Greg Smith speaks with Mike Hosking about the hot-off-the-press announcement from the US Federal Reserve and amid another busy day for US earnings releases. He also reflects on the RBNZ Financial Stability report and whether there is cause for concern over the housing market. For more market insights and for our terms and conditions, visit  www.devonfunds.co.nz

Devon Head of Retail Greg Smith spoke with Mike Hosking about results from oil major BP, which has delivered the largest quarterly loss in its history, due to an exit from Russia, but which were hugely impressive on an underlying basis. He also discusses what has finally prompted the Reserve Bank of Australia to increase interest rates for the first time since 2010. For more market insights and fo...

Devon Head of Retail Greg Smith discusses with Mike Hosking the latest market moves ahead of the Fed get together, and other key central bank meetings this week. He looks at why Apple is in the cross-hairs of EU regulators, as well as the rebound in Qantas as passenger traffic soars back above pre-pandemic levels, giving the airline the confidence to seal the deal on a dozen ultra-long haul planes...

Devon Head of Retail Greg Smith discusses the sell-off in the US markets on Friday, with technology at the epicentre, and amid still elevated inflation. He also notes that one of the world’s greatest investors has seen weakness as a huge buying opportunity – Warren Buffett disclosed at the annual Berkshire Hathaway meetings that he has been buying stocks furiously during the first quarter. For mor...

Devon Head of Retail Greg Smith speaks to Mike Hosking about the latest tweeted musings from Elon Musk, who was recently anointed as board member of Twitter. He also discusses the rally in uranium stocks following the UK’s new energy strategy, and the lift in My Food Bag’s shares following an upbeat trading update. For more market insights and for our terms and conditions, visit  www.devonfun...

Devon Head of Retail Greg Smith talks to Mike Hosking about the latest set of strong jobs numbers in the US, as well as a softer manufacturing print over in the UK. Back home he provides his take on half year numbers from dairy group Synlait. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Greg Smith talks with Mike Hosking about the surge in Tesla’s share price following stock split news overnight. He also covers off NatWest, a UK bank which has chipped away further at government ownership stemming from the GFC. Domestically, Greg discusses the recent declines in Fisher & Paykel, and whether there is further pain in store for the pandemic beneficiary’s share price. For more mar...

Devon Head of Retail Greg Smith speaks with Mike Hosking about the latest developments in the energy markets, as Europe looks to reduce its reliance on Russian oil & gas. He also discusses a large fall in consumer confidence in the UK. Locally he looks at how what a recent release says about the overall commitment of kiwi firms to climate change considerations. For more market insights and for...

Devon Head of Retail Greg Smith talks to Mike Hosking about the recent rally in equity markets amidst a flurry of central bank meetings, and despite the ongoing conflict in the Ukraine. He also covers off recent volatility in the nickel market and a push by Porsche into electric vehicles. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith talks to Mike Hosking about the bounce-back in the UK economy, as well as the impact of surging food and vegetable prices back home. He also discusses whether the Reserve Bank of Australia is opening the door on a first rate rise since 2010 in the coming months. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith talks to Mike Hosking about the market’s reaction to February’s US jobs numbers which were massively ahead of expectations. He also discusses whether oil prices can head even higher, and what the outlook is for China’s growth rate following an important meeting over the weekend. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Greg Smith talks to Mike Hosking about the reasons for a strong rebound in markets on Friday, despite the conflict in the Ukraine. He also discusses why Warren Buffett is in no rush to employ a massive cash pile. At home he runs through a couple of recent highlights as the reporting season draws to a close. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith discusses the market reaction to a surprise lift in US new home sales, along with a much stronger than expected jump in retail sales in the UK. Back home he looks at the latest kiwi ‘factory gate’ inflation data, ahead of decision time for the RBNZ this week. For more market insights and for our terms and conditions, visit  www.devonfunds.co.nz