Members Podcast – Friday 4 July

Big Tech and US Investment banks are leading markets as they rally into results. Good for us. Should have held onto BNKS.Record high for Nvidia – Heading towards $4 trillion market cap – AI sentiment alive and well.US jobs numbers stronger than expected.Chances of July US rate cut drop from 23% to 5%, but markets rally on economic optimism.Resources fail to follow through. BHP down 0.4%. RIO down 1.9%. Oil down. Metals down. Iron ore up 1%.Banks v Resources – Resources up 2.82% yesterday – Banks down 1.3%. X-Factors – See Jemima’s Video below.It looks like Trump’s bill will be passed before his deadline.RBA expected to cut rates on Tuesday.US closed tonight (we’ll still do our weekly recap tomorrow).No change to the Strategy Portfolio. This is our daily podcast, exclusively for Marcus Today members - covering everything you need to know about our Strategy Portfolio and the stock market each day. Want to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you’re looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services. Subscribe to Marcus Today and stay ahead with expert research and analysis.