EPISODE · Mar 22, 2024 · 32 MIN
Episode 10: To Cut or Not to Cut?
from Bulls vs. Bears · host MPC Markets
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.
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Episode 10: To Cut or Not to Cut?
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