JMI Wealth Market Update

This morning Andrew Kelleher discusses the Funding for Lending Program that has lent $15 billion dollars encouraging households and businesses to spend and invest. Given this is at odds with what the reserve bank is trying to achieve, why is the programme still in place? He then touches on the property sector and provides the latest market figures. For more market insights and for our terms and co...

Andrew Kelleher focuses on economic growth this Friday morning as he reviews the recent announcement by OPEC Plus to cut oil production by 2 Million barrels per day, a hit the NZ dollar will feel as we continue the global fight against inflation. Next, he looks at the data from the BNZ SEEK Employment report before moving onto the latest market figures. For more market insights and for our terms a...

It’s all about the numbers this morning as Andrew Kelleher reviews the Government’s release of books and comments on government spending being 10B more than what was raised in revenue, for what was a record revenue year. Next, he takes a look at the RBNZ’s 50 basis points move and what he expects their next move will be, before moving onto today’s market figures. For more market insights and for o...

It’s a mixed bag this morning as Andrew Kelleher discusses the big lifts in the European share market overnight before looking at the Global Dairy Trade figures as the index falls back into the red. Next, he reviews the data from yesterday’s release of the Quarterly Survey of Business Opinion and the RBA’s decision to move 25 basis pts. Then onto market figures. For more market insights and for ou...

Significant news in investment markets this morning or is it just speculation? Andrew Kelleher discusses the situation for global investment banking company Credit Suisse, following a tweet that has sparked speculation that the Swiss company is in trouble. Next, he looks at the UK as they pull a U-turn on the top tax rate before moving onto market figures for today. For more market insights and fo...

As September comes to an end, Andrew Kelleher reviews the release of the September ANZ Business Outlook and comments that the biggest problem across all sectors is finding skilled labour. Next, he takes a look at the Chinese property market crisis as CIFI Holdings’ share price falls to a record low, before moving onto today’s market figures. For more market insights and for our terms and condition...

As the situation in the UK continues to unfold, Andrew Kelleher reviews yesterday’s release by the International Monetary Fund (IMFUK) urging the UK Government to revaluate their tax plan. Next, he looks at The Warehouse share price fall and the Westpac McDermott Miller Confidence Survey commenting that wages are going up, but people aren’t seeing it and that is the effect of inflation. For more m...

This morning Andrew Kelleher casts his lens to the UK discussing the rapid interest rate hike, tax cuts and the continued battle with inflation. Next, he looks at the NZX50 and comments on the recent acquisition by Scales Corporation following their move into pet foods. Then onto market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

A lot of market movements over the weekend as Andrew Kelleher discusses the 1.6% - 1.8% Friday night fall for the Dow Jones, S&P500 and NASDAQ, with the Dow Jones hitting a new low for the year 2022. Next, he looks globally at European markets before dissecting why the new record low GBP vs US dollar is the lowest since 1971. Then onto the latest market figures. For more market insights and fo...

Andrew Kelleher dials in from Rotorua this morning to discuss Fonterra’s recent Annual Results report, with their total revenue coming in at 23.4B. Next, he looks at the figures from the Westpac McDermott Miller Consumer Confidence index and comments that even though confidence figures are low, this hasn’t yet been reflected in the actual spending data. For more market insights and for our terms a...

It’s good to see some good news as Andrew Kelleher reviews this morning’s FED announcement and comments on the figures being on par with where he thought we would be. Next, he looks at Air New Zealand’s profit guidance report ahead of their annual shareholders meeting today, before moving onto the latest market data. For more market insights and for our terms and conditions, visit www.jmiwealth.co...

A positive start to Wednesday morning as Andrew Kelleher brings dairy farmers some good news following a 2% rise in the Global Dairy Trade Index overnight. Next, he comments on the figures from KMD Brands’ 12-month results showing very little sign of consumer stress. Then onto today’s market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

With absolutely no doubt of mind, Andrew Kelleher comments on the spectre of recession not being a strong enough counter to the bigger fear of repeating The Great Inflation period of the 70’s. Listen to the full market update to hear on the hot numbers from the BusinessNZ Performance of Services Index and the latest market figures. For more market insights and for our terms and conditions, visit w...

This morning Andrew Kelleher discusses the global economic environment. He covers the US, China, UK then Europe and comments on being back in a weird space where bad news is good news. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Spring has sprung! Andrew Kelleher shares the positive news that Global Dairy Trade is up 4.9% after nearly 6 months of declining prices. Then, he discusses the RBA 50 basis point rise across the ditch and the energy issues in Europe. Lastly, we hear the latest market data. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

What can building data and car sales tell us about whether a recession is on the horizon? Andrew Kelleher discusses this in depth in today’s market update. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

The hot topic this morning is Fisher and Paykel’s major commitment to Auckland with a $275 million land deal. Andrew Kelleher then discusses the last few months for investors. June was tough, but we had a strong bounce back in July which continued into August, Jerome Powell then brought that to a grinding halt, making a nice segue into the latest market data. For more market insights and for our t...

Andrew Kelleher discusses the ANZ business outlook report released, and while there is a ray of sunshine, one swallow doesn’t make a summer. Next, he discusses Stats NZ data on building consents before filling us in on the latest market data. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Andrew Kelleher discusses what yesterday’s proposed changes to GST might mean for your retirement savings. Then, he discusses the most valuable piece of sports memorabilia ever sold, a baseball card that fetched 12.6 million USD at auction. Then we hear the latest market data. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

The New Zealand market proved to be remarkably resilient in the face of the US market sell off. Andrew Kelleher discusses New Zealand’s defensive market, a robust result from A2 Milk, and an optimistic outlook for Vista Group International. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

A morning of numbers as Andrew Kelleher reviews the declining figures from yesterday’s release of the Retail Trade Survey by StatsNZ. Next, he looks at Air New Zealand’s company report and comments on this year’s result being the largest loss in their history. Then onto market figures for today. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Good news continues to roll in as reporting season brings in positive figures from EBOS, a 100-year-old company that has been listed on the NZX since 1960. Next, he touches on Spark’s confirmed plans to raise their dividends and notes the recent move in wholesale rates as it returns back to over 4%. Then onto the latest market data. For more market insights and for our terms and conditions, visit...

New Zealand reporting season continues as Andrew Kelleher reviews the positive numbers from NZME and Heartland Bank. Before moving onto today’s market figures, he shares the sad news of Julian Robertson’s passing, a man who fell in love with New Zealand and invested in the nation. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Andrew Kelleher kicks off Tuesday morning discussing Freightways and their plans to acquire Australian transport company Allied Express. Next, he takes a look at Vista Group’s numbers as they continue to recover from the effects of the pandemic as more blockbusters are announced. Then onto today’s market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

What is the next 12 months going to look like? That’s the uncertainty Auckland Airport is still facing two years on from the start of the pandemic. Andrew Kelleher discusses the Auckland Airport earnings report, as well as the solid result Kiwibank has delivered. Then we hear the latest market data. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz