Devon Funds Management Market Update

Head of Retail Greg Smith discusses the cratering of Meta Platforms' share price following results which were disappointing. He also looks at the differing approaches to inflation being taken by the Bank of England and European Central Bank. Locally, he covers the market reaction to the government's border announcement. For more market insights and for our terms and conditions, visit www.devo...

Devon Head of Retail Greg Smith discusses a knock-out result from Google parent Alphabet which helped push US markets higher. Locally, he looks at a better-than-expected unemployment print, and a robust update from pandemic beneficiary Mainfreight. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith talks through the renewed strength US markets after some strong robust reports, with oil major Exxon one of the latest to over-deliver oil earnings expectations. Back in Australia, he looks at why the RBA is playing it cool with respect to future interest rate rises. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Greg Smith talks about the rally in technology stocks overnight ahead of a big week for earnings. He also discusses why oil may be heading to US$100 a barrel. On the data front he reviews how the European economy has fared following the emergence of Omicron. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Greg Smith talks about the rally in the US markets following strong GDP numbers. Locally he assesses the implications of a higher than expected reading on CPI inflation. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Greg Smith discussed market volatility amid concerns over the Fed meeting, Russia/Ukraine tensions, and a global downgrade by the IMF. He also outlines why kiwi household savings have surged, and the positive implications for dairy farmers after Fonterra lifted its farmgate milk price range forecast. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Greg Smith discusses market moves ahead of the all-important Federal Reserve meeting. On a busy day for corporate earnings, he recaps results from tech titan Microsoft. He also looks at a couple of economic data prints which have come out on the positive side of the ledger. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Greg Smith discusses the volatility on Wall Street overnight, with risk being taken off the table (for most of the session) ahead of the Fed meeting. He looks at the impact of Omicron on the UK, European and US economies as revealed in recent data prints. He also covers off reports of some big M&A deals on both sides of the Atlantic, suggesting that corporate buying interest remains robust. Fo...

Greg Smith talks about the market volatility that has abounded so far in 2022 and the toll it has taken on growth stocks in particular. He also covers the negative investor reaction to streaming giant Netflix’s subscriber forecasts. At home he looks at a solid update from My Food Bag. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Greg Smith talks about a massive acquisition being made by biotech giant CSL, which is the 4th biggest M&A deal in Australia this year and the largest rights issue in Aussie corporate history. He also reviews Air New Zealand's liquidity top up from the government, and the implications of strong US producer price index numbers. For more market insights and for our terms and conditions, visit ww...

Greg Smith talks about US inflation, which has hit a 39 year high, and why the US indices still rose, closing at record highs. Back home he looks at the Trans-Tasman acquisition by Tourism Holdings, and what a big lift in credit and debit card spending last month might mean for the kiwi retail sector. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Funds Head of Retail Greg Smith runs through the market's reaction to US jobs numbers which fell short of expectations, but which also provided cause for optimism. He also looks at the cratering in the bitcoin price. Closer to home in focus is an upgrade in the dairy pay-out forecast from Fonterra. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

With markets going into freefall on the emergence of the Omicron variant, Devon Head of Retail Greg Smith gives his view on the outlook. He also reviews the retail sector following Black Friday, one of the biggest shopping holidays of the year. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

With a decision imminent on who will be the next Chair at the Federal Reserve, Devon Head of Retail Greg Smith reflects on how a new appointee might be received by markets. Locally he reviews the contrasting reactions to results from My Food Bag and Ryman Healthcare. For more market insights and for our terms and conditions, visit www.devonfunds.co.nz