FNArena’s Weekly Insights – July 29 2024
In this week’s Weekly Insights:
-What Can August Deliver?
-Morgan Stanley’s August Season Hot Picks
-FNArena’s Corporate Results Monitor
-All-Weather Portfolio FY24 Review
-Video: Why FNArena & All-Weather Stocks
By Rudi Filapek-Vandyck, Editor
What Can August Deliver?
As August beckons, and analysts and investors are preparing for what promises to be a ‘lively’ reporting season, the market seems to pay no attention to the fact disinflation has become a rather stunted process in Australia, unlike other countries, and yet another CPI release that reveals more of the same might well trigger another RBA rate hike in August.
Goes without saying, a share market that refuses to lay down, other than the occasional hiccup, doesn’t seem to be priced for another negative surprise from the RBA, though such an unwelcome development is not guaranteed, of course.
We shall all find out more on July 31, when the local CPI numbers become public knowledge.
