Callum Newman

We know that the earnings growth hasn’t been there for the last few years. The market is going up anyway.
Some people are surprised by this. They shouldn’t be.

You might remember we chatted about REITs like SCG last week. Here’s a great example of a company having a business model with another juicy angle to generate value.

That’s the power of buying in a downturn, if you can get your analysis right.
But we’re not in a bear market, anymore. Where can we find something that’s still suppressed?

If commercial property firms are rising, then the economy can’t be too bad. It means rents and leases are solid, or the market would be dragging them down.

People chase performance. And it’s a simple fact that US shares keep trouncing Australia, and, to be fair to us, the rest of the world too.

This is one to watch from here. I suspect that fund managers and investors might be happy to look through this short-term weakness with an eye to the longer term.

Trump’s Treasury Secretary, Scott Bessent, knows his boss can bluster and curse and claim whatever he likes.
Bessent has the really hard job. Every day he has to convince the markets that this debt is not massive financial bomb under the global economy.

We keep hearing that the US markets are “expensive” or “overvalued”.
But they keep holding around all time highs too.
If we pick through some recent stories, it’s not hard to see why, either.

When I look back on mistakes I’ve made over the years, it’s usually around being too impatient and short term.

I reckon we have a humdinger of a gold bull market on the cards, with a long way to go.

That reminds me…

I must say, too, that Murray is on a bit of a hot streak.
He put his subscribers into Lynas Rare Earths ($LYC) back in April too and that took off like a firecracker recently as well.
Yes…a rising market helps…but there’s much more to it than that.