In episode 20 of Stocks Neat, Co-Portfolio Manager Gareth Brown and CIO Steve Johnson sit down to explore the global economic outlook, its goldilocks nature, and its implications for investing.
Switching from their usual whiskey, Steve and Gareth opt for a coffee as the conversation kicks off with a reflection on the past year’s positive investment returns, despite being a year marked by market scepticism and uncertainty. They explore the highlights and lowlights and reiterate an ongoing focus on smaller cap companies, given the potential for these to pay off in a relative sense over the next five years.
Steve and Gareth follow on with a deep dive into the enigmatic world of housing markets, interest rates, and their far-reaching economic impacts. They discuss the surprising resilience of house prices amid rising interest rates, exploring various factors influencing this phenomenon. They share their perspectives on the economic recovery and its potential impact on different industries and stocks.
We want to extend our apologies for the slight delay in recording July’s episode, which is attributed to a bustling end to the financial year and the Forager Roadshow. Watch it here in case you missed it.
“I mean, it does feel like this Goldilocks scenario of inflation coming back down. Interest rates maybe don’t need to go up too much further, and this recession either doesn’t come in the US or is not as bad as people had feared in the US, UK, and Australia.”
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Drink of choice:
Coffee – Hub Australia
You can listen on:
Spotify
Apple
Buzzsprout
YouTube
