Devon Funds Management Market Update

Devon Head of Retail Greg Smith discusses the sell-off in the US markets on Friday, with technology at the epicentre, and amid still elevated inflation. He also notes that one of the world’s greatest investors has seen weakness as a huge buying opportunity – Warren Buffett disclosed at the annual Berkshire Hathaway meetings that he has been buying stocks furiously during the first quarter.

For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith speaks to Mike Hosking about the latest tweeted musings from Elon Musk, who was recently anointed as board member of Twitter. He also discusses the rally in uranium stocks following the UK’s new energy strategy, and the lift in My Food Bag’s shares following an upbeat trading update.

For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith talks to Mike Hosking about the latest set of strong jobs numbers in the US, as well as a softer manufacturing print over in the UK. Back home he provides his take on half year numbers from dairy group Synlait.

For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Greg Smith talks with Mike Hosking about the surge in Tesla’s share price following stock split news overnight. He also covers off NatWest, a UK bank which has chipped away further at government ownership stemming from the GFC. Domestically, Greg discusses the recent declines in Fisher & Paykel, and whether there is further pain in store for the pandemic beneficiary’s share price.

For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith speaks with Mike Hosking about the latest developments in the energy markets, as Europe looks to reduce its reliance on Russian oil & gas. He also discusses a large fall in consumer confidence in the UK. Locally he looks at how what a recent release says about the overall commitment of kiwi firms to climate change considerations.

For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith talks to Mike Hosking about the recent rally in equity markets amidst a flurry of central bank meetings, and despite the ongoing conflict in the Ukraine. He also covers off recent volatility in the nickel market and a push by Porsche into electric vehicles.

For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith talks to Mike Hosking about the bounce-back in the UK economy, as well as the impact of surging food and vegetable prices back home. He also discusses whether the Reserve Bank of Australia is opening the door on a first rate rise since 2010 in the coming months.

For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith talks to Mike Hosking about the market’s reaction to February’s US jobs numbers which were massively ahead of expectations. He also discusses whether oil prices can head even higher, and what the outlook is for China’s growth rate following an important meeting over the weekend.

For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Greg Smith talks to Mike Hosking about the reasons for a strong rebound in markets on Friday, despite the conflict in the Ukraine. He also discusses why Warren Buffett is in no rush to employ a massive cash pile. At home he runs through a couple of recent highlights as the reporting season draws to a close.

For more market insights and for our terms and conditions, visit www.devonfunds.co.nz

Devon Head of Retail Greg Smith discusses the market reaction to a surprise lift in US new home sales, along with a much stronger than expected jump in retail sales in the UK. Back home he looks at the latest kiwi ‘factory gate’ inflation data, ahead of decision time for the RBNZ this week.

For more market insights and for our terms and conditions, visit www.devonfunds.co.nz