Bulls vs. Bears

Episode 10: To Cut or Not to Cut?

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This week's "Bulls vs Bears" summary:

Investors shrugged off high inflation data, fueling a tech stock rally. Federal Reserve Chair Jerome Powell maintained a consistent stance on inflation, with plans for three rate cuts in 2024 and a cautious approach to balance sheet reduction.

Stock Highlights of the Week:

  • Paladin Energy (PDN): Shares up 9.4%, with uranium prices rebounding.
  • Boral (BLD): Advised shareholders to reject Seven Group's buyout offer.
  • Maas Group Holdings (MGH): Expanded its quarry portfolio in a $70 million deal.
  • Fisher & Paykel Healthcare (FPH): Uplifted FY2024 earnings guidance.

    • MPC Webinar Series:

    • Upcoming topics include value trade, the energy transition, and AI investments.

      • Commodities and FX Review:

      • Highlights include lithium's volatility, gold reaching record highs, copper's supply-driven surge, and Bitcoin's rally.

        • Economic and Political Landscape:

        • Japan ends negative interest rates, marking a significant policy shift.
        • Australia's unemployment rate unexpectedly drops to 3.7% in February.

          • Trade of the Week:

          • DroneShield (DRO) showcases potential for growth with a strong focus on defense sector investments.
            • ...more
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            Bulls vs. BearsBy MPC Markets