JMI Wealth

JMI Wealth Market Update

Business EN ↓ 657 episodes

Director Andrew Kelleher talks regularly about some of the most significant factors currently influencing investment markets. For over 35 years we've helped grow generational wealth for a range of clients through responsible stewardship, careful and conservative management and high-quality service. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

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JMI Wealth

Episodes

19/02/24 – Orr speech – PMI - USPPI 18.02.2024 5:36

JMI Wealth Director Andrew Kelleher discusses last Friday’s Orr speech at the Waikato University economics forum, with a focus on core inflation. Is core inflation problematic? Next, he shares his insights on the release of the Business New Zealand BNZ manufacturing index. With improvements in January, why is the sector remaining in contraction? He also talks about US producer price inflation. Are...

15/02/24 – Fletchers - OCR 14.02.2024 5:43

JMI Wealth Director Andrew Kelleher unpacks Fletchers position on the share market and uncertainties about future performance. Next, he shares insights on index prices for the Q1 so far and how they relate to the OCR and then onto market figures for today. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

14/02/24 – Inflation – Concrete and Steel 13.02.2024 5:32

JMI Wealth Director Andrew Kelleher talks about inflation, following RBNZ’s release of their survey of expectations. Is there some comfort that the current stance of monetary policy is doing the job of bringing down peoples view of where inflation is going? Next, he discusses the fall in concrete and volumes of steel since 2022. Then, onto market figures for today. For more market insights and our...

13/02/24 – RBNZ – FBU - Synlait 12.02.2024 5:16

JMI Wealth Director Andrew Kelleher talks to Mike Hosking about interest rate expectations and the OCR following the RBNZ and the ANZ data updates. Are rate hikes necessary? Next, he discusses the Fletcher Building trading halt and the Synlait prices. Then onto market figures for today. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

09/02/24 – Disney - Truckometer 08.02.2024 4:41

JMI Wealth Director Andrew Kelleher discusses the results from the US corporate earning season outcome, with Disney announcing good results and an exclusive Taylor Swift partnership. Next, he shares his insights on the monthly count of vehicles from the ANZ Truckometer. Why is the trend flat? Then onto market figures for today. For more market insights and our terms and conditions, visit www.jmiwe...

08/02/24 – Labour market – Milk price – US earnings 07.02.2024 5:25

JMI Wealth Director Andrew Kelleher discusses the job numbers following the quarterly labour market data release. With employment growth at zero percent, is unemployment rising? Next, some good news for farmers with the upgrade to the Farmgate milk price forecast. He also touches on the US earning season with share prices continuing to be magnificent. Then onto market figures for today. For more m...

07/02/24 – GDT – Fletcher Building – RBA statement 06.02.2024 5:47

Dairy farmers will be heartened. JMI Wealth Director Andrew Kelleher discusses the very pleasing GDT numbers with a strong material price lift on the rise. He also touches on the Fletcher Building announcement made on Monday, providing an update on projects in progress. Next, he shares his insights on the RBA statement and official cash rate. Will a further increase in interest rates be ruled out?...

02/02/24 – Fed – BigTech 01.02.2024 5:40

JMI Wealth Director Andrew Kelleher discusses Jerome Powell’s Federal Reserve announcement. With interest rates remaining steady, what is the probability of a March interest rate cut? He also talks about the BigTech, fourth quarter results. After a magnificent 2023 on the S&P500, is the gloss starting to come off? Then onto market figures for today. For more market insights and our terms and c...

01/02/24 – ANZ Outlook – Chinese PMI – AUS CPI 31.01.2024 5:43

Confidence is up! JMI Wealth Director Andrew Kelleher unpacks the ANZ Business Outlook survey data release. With business confidence bouncing sharply since the election, it is still evident in the results of the survey. Next, he shares his insights on the China economy following the release of the official manufacturing purchasing manager index and Australian inflation expectation. Then onto marke...

31/01/24 – Conway speech – Aussie retail 30.01.2024 5:07

JMI Wealth Director Andrew Kelleher unpacks yesterday’s Conway speech and shares his insights on the data releases and developments since November. Has this generated any material change in the RBNZ’s monetary policy stance? Next, he discusses the Australian Bureau of Statistics data release of retail spending numbers, being very similar to New Zealand. Have spending patterns changed? For more mar...

30/01/24 – RBNZ – Data - Evergrande 29.01.2024 5:40

JMI Wealth Director Andrew Kelleher discusses today's upcoming speech by RBNZ's Paul Conway on "The Importance of Global Economy and Data". With topics such as the impact on the global economy, the COVID-19 pandemic and the highlights of research and data, what can we expect with interest rate relief? Next, he talks about the Federal Reserve Open Market Committee review of moneta...

15/12/23 – Fed - GDP 14.12.2023 5:55

Are the Fed magicians? JMI Wealth Director Andrew Kelleher discusses yesterday’s Fed release figures. With everyone talking about the “pivot”, did it happen? Next, he shares his thoughts on the New Zealand economy and then onto market figures for today. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

14/12/23 – Price indexes – REINZ – Balance payments 13.12.2023 5:39

JMI Wealth Director Andrew Kelleher discusses the Selected Price Indexes, released yesterday from Statistics NZ. With aspects of inflation coming under control, is it possible that expectations for the fourth quarter inflation are too high? Next, he touches on the REINZ house price data index, and what to expect for the summer housing market. He also talks about Mobil selling their stakes in Chane...

13/12/23 – Migration – Card spending 12.12.2023 5:23

JMI Wealth Director Andrew Kelleher discusses the impact of the continuing surge of immigration into New Zealand. Next, he touches on electronic card transactions. Are households showing spending restraint? Then, onto market figures for today. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

12/12/23 – Jobs – Week ahead 11.12.2023 4:55

JMI Wealth Director Andrew Kelleher discusses the NZ job market following the release of the BNZ Seek employment report for November. With job ad figures falling, are we in a negative trend? Next, he lets us know what to expect in the upcoming 4th quarter announcement for the year. Then, onto market figures for today. For more market insights and our terms and conditions, visit www.jmiwealth.co....

11/12/23 – US employment – Q3 Survey 10.12.2023 5:48

JMI Wealth Director Andrew Kelleher discusses the meat and potatoes of the US labour market following the release of the monthly US employment report. Is the US labour market tanking? Back home in New Zealand, he talks about the employment figures released from Inland Revenue on Friday. Then, onto market figures for today. For more market insights and our terms and conditions, visit www.jmiwea...

07/12/23 – Deloitte top 200 – Aussie GDP 06.12.2023 5:30

JMI Wealth Director Andrew Kelleher discusses the Deloitte Top 200 awards and the highlights of the evening. Next, he talks about the Australian Bureau Statistics release of the third quarter data. With GDP figures slowing in the third quarter, how is this going to affect the Aussie economy? Then, onto market figures for today. For more market insights and our terms and conditions, visit www.jmi...

06/12/23 – Building – Latest accounts - GDT 05.12.2023 5:36

JMI Wealth Director Andrew Kelleher discusses the building activity numbers released yesterday by Stats NZ. Is the construction section shaping up for 2024? Next, he shares his insights on the financial accounts released by the government. He also touches on the GDT auction and the upcoming data release later in December. Then onto market figures for today. For more market insights and our terms...

05/12/23 – Mini budget – Tower 04.12.2023 5:29

JMI Wealth Director Andrew Kelleher discusses the upcoming mini-budget. With two weeks to go before the update, are there material risks that revenue is going to fall? Next, he touches on the strategic review of the ownership structure of Tower. Then onto market figures for today. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

1/12/23 – ANZ Outlook – Charlie Munger 30.11.2023 5:59

JMI Wealth Director Andrew Kelleher discusses the outcomes of the ANZ Business Outlook. Being the first full survey after the election, has business confidence lifted? Next, he touches on Charlie Munger and transformational work he accomplished in his lifetime, and his view on how to live a happy life. Then onto market figures for today. For more market insights and our terms and conditions, visit...

30/11/23 – RBNZ – Aussie inflation 29.11.2023 5:27

JMI Wealth Director Andrew Kelleher discusses the RBNZ’s Official Cash Rate. With hawkish results, is there risk of another rate hike? Next, he touches on the Australian CPI indication number released yesterday, and why it was lower than expected. Then onto market figures for today. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

29/11/23 – MPS – Aussie retail 28.11.2023 5:17

JMI Wealth Director Andrew Kelleher discusses the RBA’s Monetary Policy Statement. Will cash rates stay the same? Next, he touches on Aussie retail sales and the comparison with New Zealand. Then onto market figures for today. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

28/11/23 – Coalition – Comvita – Kiwi property 27.11.2023 5:47

JMI Wealth Director Andrew Kelleher discusses the coalition and whether this will have an impact on the financial market. Do we need to prepare ourselves for challenges? Next, he touches on the Comvita trading update with revenue for the first four months of the year down 10% on last year. Then onto market figures for today. For more market insights and our terms and conditions, visit www.jmiwealt...

24/11/23 – Results 23.11.2023 5:52

JMI Wealth Director Andrew Kelleher shares his insights on the Goodman Property Trust market capitalization and share price after the release of the devaluation to its portfolio. He also discusses Tower Insurance’s full-year profit, following its 12-month results yesterday. Then onto market figures for today. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

23/11/23 – EBOS – Turners Automotive 22.11.2023 5:01

JMI Wealth Director Andrew Kelleher gives us an update on the EBOS trading halt and why they are back to the drawing board following the latest deal fall-over. Will there be further acquisition attempts? Next, he balances the news with an upbeat announcement about Turners half year results. Then onto market figures for today. For more market insights and our terms and conditions, visit www.jmiweal...