In a landscape of giants, the mid caps hold most promise
Franklin Global Growth Fund’s Patrick McKeegan foresees promising signs for stock pickers as the market breadth widens beyond the tech giants.
Franklin Global Growth Fund’s Patrick McKeegan foresees promising signs for stock pickers as the market breadth widens beyond the tech giants.
Rejected suitor Betr details new intended all-scrip bid with buyback carrot for PointsBet. Investors jittery amid Middle East turmoil. Voting on Bally’s ‘unattractive’ Star rescue deal next week.
As the Federal Reserve maintains a hawkish stance amid inflation concerns, investors should look beyond Wall Street for protection against looming economic headwinds.
Banks offset falls in miners with CBA up to a record high close of $182.85. Surprise 2500 dip in May jobs data. WiseTech’s long-serving directors to exit. KMD hits record low on earnings warning.
Fund managers are maintaining substantial underweight positions in both US equities and the greenback, potentially setting up significant ‘pain trades’ if market sentiment shifts.
First comments by Santos’ $30bn bidder come as target’s shareholder backs takeover. Oil lifts as Trump weighs Middle East action. MinRes leads iron ore falls.
Gold has been one of the best performing asset classes this year, but Citi is now warning of a sharp fall in prices over the next 18 months. The US bank is also downbeat on iron ore prices for the near term.
Chalmers won’t preempt FIRB advice on Abu Dhabi’s near-$30bn takeover play for Santos. US forces deployed to region amid Israel, Iran attacks. Blow for Albanese as Trump plans hasty G7 exit.
Crude prices lift as strikes on Iran send commodities higher. Rio’s jointly-owned Tomago smelter in rescue talks. Accent smashed on profit warning. Woodside, Labor extend NW Shelf consultation.
Cettire hit by US tariffs, lux market woes. Energy producers lift on oil price jump. Westpac tips two RBA rate cuts in 2026. Cochlear downgrade weighs. ASX warns on rising costs, tweaks guidance.
Original URL: https://www.theaustralian.com.au/author/david-rogers