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

13/04/23 - Card Spending - US CPI 12.04.2023 5:34

It’s a morning about figures as Andrew Kelleher reviews the electronic card transaction data for the month of March and comments on the 0.7% rise from February. Next, he looks at good news as the US CPI figures show some signs of moderation and reports on the 11% drop in egg prices being the biggest fall since 1987. Then onto today’s numbers. For more market insights and for our terms and conditio...

12/04/23 - China - Summerset 11.04.2023 5:33

In this morning’s market update Andrew Kelleher focuses in on Chinese economic data and comments that despite the Chinese economy returning to a relatively normal state post COVID, domestic demand looks weak. Next, he touches on Summerset’s first quarter results showing a 25% decrease in total sales before moving onto market figures. For more market insights and for our terms and conditions, visit...

11/04/23 - US Non-Farm Payroll - Overseas Trading - US Results 11.04.2023 5:33

After the Easter weekend Andrew Kelleher discusses the US Non-Farm Payroll data released last Friday and comments on the drop in the unemployment rate. Next, he touches on the impact of geopolitical events in Asian markets and the upcoming US corporate earnings season. Then onto the latest market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

06/04/23 - RBNZ - MarketReactions 06.04.2023 5:32

Andrew Kelleher talks about the Reserve Bank raising the official cash rate (OCR) to 5.25 percent. We ask the question why? The why was outlined in the statement. Next, he discusses what has recently happened with the NZ dollar against the US dollar. Then onto market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

05/04/23 – GDT – NZIERQSBO – RBA 05.04.2023 5:42

Andrew Kelleher delves into points to note regarding the Global Dairy Trade Price Index. Next, he discusses the recent NZIER Quarterly Survey of Business Opinion and highlights the most telling insights. Then onto market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

04/04/23 – Oil – RBA – Dairy 04.04.2023 5:09

Andrew Kelleher shares his thoughts about the recent oil price. He also has a few comments about Fonterra announcing a slight reduction in forecast farmgate milk price, before moving onto today’s market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz #jmiwealth #marketupdate

31/03/23 – ANZOutlook – BuildingConsents 03.04.2023 5:24

Andrew Kelleher discusses latest ANZ Business Outlook survey for March. Next, he looks at the February building consents numbers, before moving onto market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

30/03/23 - SkyTV - Confidence - ASBScoreboard 30.03.2023 5:14

Andrew Kelleher runs through the recent announcements from Sky TV. Next, he talks about the Westpac McDermott Miller Consumer Confidence Index. Then onto market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

29/03/23 – AussieRetail - Employment 29.03.2023 5:15

Andrew Kelleher’s attention was attracted across the Tasman yesterday and discusses their retail sales numbers. Next, he looks at release from recent tax data regarding employment. Then onto market figures. For more market insights and for our terms and conditions, visit ⁠www.jmiwealth.co.nz

28/03/23 - Synlait - ChineseData 28.03.2023 5:08

Andrew Kelleher discusses Synlait Milk’s recent profit announcement - they do need some good news. Next, he keeps an eye on Chinese data, before moving onto today’s market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

24/03/23 – Warehouse - FedFallout 24.03.2023 4:03

This morning Andrew Kelleher delves into points to note in The Warehouse Group’s half-year results. Next, he discusses the recent news about the Fed and its monetary tightening campaign. Then onto market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

22/03/23 - Global Dairy Trade - Imports - Exports 21.03.2023 5:32

This morning Andrew Kelleher reviews the figures from the Global Dairy Trade auction as we see another decline, making this the third negative result in a row. Next, he discusses the large trade deficit following Stats NZ’s release of their Merchandised goods trade data. Then onto market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

21/03/23 - Credit Suisse - UBS - Central Banks 20.03.2023 5:39

What’s the fall out? Andrew Kelleher discusses Credit Suisse’s take over by UBS and how much say shareholders really had in this deal. Next, he looks at the central bank’s decision to coordinate with other central banks to enhance liquidity provision, before moving onto today’s market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

17/03/2023 - GDP - MarketRoundup 16.03.2023 5:57

Happy Friday morning, Andrew Kelleher discusses and emphasises the recent GDP decline as private forecasts predicted a fall, but not as big as this. Meanwhile, the RBNZ indicated a quarterly gain, does this mean the RBNZ will back off the monetary policy pedal? Next, market stress levels are rising from recent headlines, yet there is still resilience shown. Lastly, today’s market and foreign excha...

16/03/2023 - GDP - CreditSuisse 15.03.2023 5:37

Today is GDP day as Andrew Kelleher discusses staggering numbers revealing New Zealand’s Current Account deficit to be worst than it has ever been, yet as we reel back from Covid, will trading partner China save us? Next, Credit Suisse stock tumbles Europe before moving onto today’s market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

15/03/2023 - Migration - REINZ 14.03.2023 5:49

This Wednesday morning Andrew Kelleher talks migration numbers as the data is showing above pre-Covid averages, yet we’re seeing a net loss of New Zealand citizens. Next, house prices continue the downward trend with houses sitting longer on the market, before moving on to market figures for the day.  For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

14/03/2023 - SVB - FoodPrices - Inflation 14.03.2023 5:39

Listen to Andrew Kelleher discuss the recent downfall of Silicon Valley Bank (SVB) interest rate mismanagement – regulators have stepped in and all depositors will get their money back, yet should government’s support banks? Next, rising food prices as recent inflation data stir dark clouds, before covering the daily market figures. For more market insights and for our terms and conditions, visit...

10/03/2023 - Xero - Current Spending 09.03.2023 5:13

For your Friday morning, Andrew Kelleher discusses New Zealand company Xero’s recent outlook of streamlining operations and reshaping their organisation structure. Then, he covers the current spending figures and February's Electronic Transaction Card Data, before moving onto the global market figures and foreign exchange rates.  For more market insights and for our terms and conditions, visi...

09/03/2023 - Federal Reserve Bank - Reserve Bank Australia - Market Figures 08.03.2023 5:13

Welcome to Thursday morning where Andrew Kelleher talks about the Federal Reserve Bank and comments on Jerome Powell upping the ante in calling victory against inflation. Next, he discusses the Reserve Bank of Australia’s recent weaker data as GDP is lower than expected, before covering the daily market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

08/03/2023 - Diary Prices - Turners 07.03.2023 5:51

This morning Andrew Kelleher discusses the read on dairy prices as the price level gives up previous gains from 2021 and 2022. Next, he gives guidance on Turner's continued record profits consistent with trading results in the automotive industry, before moving on to the numbers for today. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

07/03/23 - Cyclone Gabrielle Insurance Claims - Building Sector 06.03.2023 5:18

This morning Andrew Kelleher discusses the widespread nature of insurance claims lodged against Cyclone Gabrielle’s damage. Next, he updates us on the building industry and impact of a slow-down as we see the first quarterly fall for the sector since September 2021. Then onto market figures for today. For more market insights and for our terms and conditions, visit  www.jmiwealth.co.nz

03/03/23 - PushPay - Barfoot & Thompson - Australian Building Market 03.03.2023 4:50

In this morning’s market update Andrew Kelleher discusses the PushPay saga and what shareholders have to say about the current takeover proposal. Next, he looks at Barfoot & Thompson’s worst sales result in 25 years before diving into the Australian building consent crash with figures being the lowest they have seen in a decade. Then onto today’s market figures. For more market insights and fo...

02/03/23 - Building Consent Data - Vista Group 01.03.2023 5:09

Have we peaked? Andrew Kelleher discusses the latest edition of building consent data and wonders what the impact recent macro themes will have on the percentage of consented projects that are now not going ahead? Next, he touches on Vista Group and their strong revenue and earnings results before moving onto market figures. For more market insights and for our terms and conditions, visit www.jmiw...

01/03/23 - ANZ Business Outlook - Tower Insurance 28.02.2023 5:26

Kiwi businesses are battling on as Andrew Kelleher reviews the results from the January ANZ Business Outlook. He comments on the 9 point lift showing signs that business confidence is moving in the right direction before unpacking the outcomes from Tower’s annual shareholders meeting. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

28/02/23 - Retail Sales - Kupe Gas Fields 28.02.2023 5:30

Are we spending up? Andrew Kelleher reviews the figures from yesterday’s release of retail sales by StatsNZ. He comments on the gap between values and volume before discussing Genesis Energy’s strong earnings result and their 75 million dollar plan to drill another well in the Kupe gas fields. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz