On Point

Епизоди

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  ep 397 | Are bonds back to the old normal? 15.09.2026 11мин

  Global bond yields have kept on rising, as investors fret over higher government debt levels, rising oil prices and competition from debt issuance to fund AI infrastructure. What do investors need to know, are bonds back to the old normal, and is fixed income finally moving toward its former glory as a sustainable income option?
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  ep 396 | The week ahead - Have oil and inflation forced the Fed's hand? 12.09.2026 12мин

  Global financial markets had a rough week, with an escalating situation in the Middle East pushing oil prices back over $100 and rising bond yields continuing to pressure asset prices. This week's main event will be the Federal Reserve, which will release its latest policy decision on Thursday morning (NZ time). While not a slam dunk, market pricing leans toward the first rate hike since 2023.
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  ep 395 | The week ahead - The report that could determine the Fed's next move 06.09.2026 15мин

  After a much stronger than expected US jobs report last week, investors will be laser focused on the August CPI report this week. This is the last major inflation reading ahead of the Federal Reserve's monetary policy decision the following week, and it could determine whether they choose to hike or hold.
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  ep 394 | Value, growth, or a bit of both? 01.09.2026 11мин

  We investment types love putting things into categories or themes, and shares are no exception. Two of the most common labels are “growth” and “value”, which are terms investors have used for decades to describe different types of companies and investment styles. What do these mean, and which style is best?
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  ep 393 | The week ahead - Another OCR hike on the cards? 29.08.2026 13мин

  The key event on the domestic calendar will be the latest Official Cash Rate (OCR) decision from the Reserve Bank of New Zealand. Another 0.25% hike is widely expected, which would take the OCR to 2.75%. This will also see the release of a fresh Monetary Policy Statement, which means a new set of forecasts for growth, inflation and the path of the OCR.
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  ep 392 | What does a tight election race mean for markets? 25.08.2026 8мин

  There’s just ten weeks until the New Zealand election, and things are getting interesting. The rise of the Opportunity Party in the polls has added another layer of uncertainty to the range of potential outcomes. So much so that prediction markets and some Australian bookmakers now have Labour as the favourite to lead the next government. How have financial markets typically reacted to elections in the past?
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  ep 391 | The week ahead - Rising bond yields rattle global markets 22.08.2026 13мин

  It was a highly eventful week across financial markets, with equity markets mixed and long bond yields rising further. The S&P 500 index broke a three-week winning streak while the local NZX 50 posted its third consecutive weekly rise. Central banks will be in focus this week, with the annual symposium in Jackson Hole taking place from Thursday through Saturday. The corporate calendar will also be busy everywhere, with plenty of local results due as well as the latest earnings release from NVIDIA in the US.
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  ep 390 | Are sharemarket valuations too high? 18.08.2026 6мин

  There’s lots of nervousness about sharemarket valuationsat the moment. That’s understandable, especially regarding the US market which has more than tripled in value since the end of 2018. How should investors be thinking about valuations right now, and is it a good time to put capital towork?
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  ep 389 | The week ahead - Local earnings deluge incoming 15.08.2026 12мин

  We'll get a raft of local releases this week, with Selected Price Indexes and the Performance of Services Index for July due Monday, before the results of a dairy auction on Wednesday. However, the main event will be the earnings season which ramps up in a big way on the NZX. We're hoping for some solid results, while outlook commentaries will be in focus to help gauge the state of the broader economy and the health of our listed corporates.
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  ep 388 | What should we expect this earnings season? 11.08.2026 10мин

  The local earnings season is upon us, with a plethora of listed companies due to announce results this month. This will offer some valuable insights into the state of corporate New Zealand and the broader economy, after a mixed bag of indicators in recent months.
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  ep 387 | The week ahead - Will US inflation fall enough for the Fed? 08.08.2026 11мин

  The economic highlight of the week will be the CPI inflation report in the US, which covers the month of July and is out on Wednesday. This release takes on greater importance after the soft jobs report, which saw expectations for further Federal Reserve rate hikes fall back sharply. Markets now see a greater chance of no change at the September meeting.
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  ep 386 | Spotlight on the US equity market 06.08.2026 25мин

  There's a lot going on in the US at the moment, from monetary policy and midterms, to earnings releases and market leadership rotations. We spoke to a US equities expert at JPMorgan Asset Management to answer some of our questions and provide some insights into the investment outlook.
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  ep 385 | Big market moves under the hood 04.08.2026 5мин

  If you’ve only glanced at the S&P 500 index in the US these past few months, you might conclude it’s been a relatively quiet period. The market is up around 11 per cent this year, just slightly below its all-time high. Nothing to see here. Look under the hood, however, and it’s a completely different story.
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  ep 384 | The week ahead - Earnings roll on as markets endure massive volatility 01.08.2026 15мин

  It’ll be another busy week of corporate earnings releases too, with close to 140 more S&P 500 companies scheduled to report. A wide range of sectors will be represented, with some of the highlights likely to be Caterpillar, McDonald's,Disney, Uber and Republic Services. SpaceX will announce its inaugural result as a listed company, while we'll also hear from healthcare heavyweights Eli Lilly and Novo Nordisk.
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  ep 383 | The OCR is headed higher, but is the economy? 28.07.2026 10мин

  The dust has settled on the Reserve Bank’s July hike in the Official Cash Rate, the first in three years. There’s been plenty of debate about whether that was the right move or not, but developments since then (like stronger inflation and a rise in oil prices) suggest it probably was. However, we've also seen some early signs of recovery across the economy, which might put us in good stead to withstand higher borrowing costs.
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  ep 382 | The week ahead - Oil prices surge ahead of the Fed meeting 25.07.2026 16мин

  A busy week looms, with monetary policy decisions due in the US, UK and Japan. Corporate earnings releases will also be closely watched, with some 180 S&P 500 companies scheduled to report. Tech will be very much in the spotlight as we hear from US heavyweights Microsoft, Meta, Apple and Amazon, as well as Samsung Electronics and SK Hynix in South Korea.
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  ep 381 | How the '87 crash shaped a generation 21.07.2026 10мин

  The sharemarket crash of 1987 was a major global event, but it hit New Zealand harder than other countries. Our sharemarket fell much more than the likes of the US, UK and Japan, while the recovery took much longer. That scarred an generation and changed the fabric of how we invest, but are those bad memories beginning to fade?
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  ep 380 | The week ahead - Will strong earnings put markets in a better mood? 18.07.2026 14мин

  A cooler US inflation reading and strong bank earnings releases weren't enough to offset the nervousness, for which there have been several catalysts. US crude oil prices are up, while hawkish comments from Fed officials pushed interest rates higher. Investors have also continued to sell chip stocks and tech exposures on the back of valuation concerns. With earnings season ramping up this week, will some strong results turn sentiment around?
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  ep 379 | Is America just built different? 08.07.2026 7мин

  America has dominated the global economy for decades despite repeated predictions its best days are behind it. Is the strength of the United States due to its geographical advantages, entrepreneurial spirit or financial advantages? Let's discuss some of the reasons America has been able to repeatedly reinvent itself, and regularly prove more resilient than expected.
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  ep 378 | The week ahead - It's OCR week! Will the RBNZ hike or hold? 04.07.2026 12мин

  It'll be a holiday-shortened week here in New Zealand, with markets closed for the Matariki holiday on Friday. The clear highlight will be the Reserve Bank of New Zealand (RBNZ) decision on Wednesday, which is shaping up as a very interesting one. Market pricing implies a 76% chance of a hike, although oil prices have fallen back to well below the base case presented by the RBNZ in May, and inflation indicators in last week's ANZ Business Outlook survey were much softer as well.