Media

Devon Head of Retail Greg Smith talks to TV1’s Breakfast about New Zealand’s inflation numbers and why these might be expected to fall from recent peak levels. He notes that inflation in other countries is trending down which is a positive sign.

To hear the full commentary by Greg Smith please click here. 

Devon Head of Retail Greg Smith talks to ZB’s Tim Dower about the rise in US markets following a stronger than expected GDP print for the world’s largest economy. He also looks at why Tesla’s stock price is driving higher on the EV maker’s results. Back home he touches on updates from two gentailers, with Mercury NZ’s appropriately themed ‘WET, WET, WET.’

To listen to the full market update by Greg Smith please click here.

Devon Funds Head of Retail Greg Smith talks to ZB’s Tim Dower about the lift in US markets on optimism around a moderation of interest rate hikes. He also discusses Spotify, the latest tech company to announce layoffs. Back home the skies are looking brighter for business travel software company Serko which has raised revenue forecasts.

Devon Funds’ Head of Retail Greg Smith talks to ZB’s Tim Dower about the jump in Fisher and Paykel Healthcare’s share price following stronger than expected revenue guidance. He also discusses Alphabet, with the Google parent the latest mega-cap technology company to announce job cuts.

To listen to the full market update by Greg Smith please click here.

By Greg Smith, Head of Retail at Devon Funds

With the page having turned on another year, it is time again to engage in the tradition of crystal ball gazing, making big picture predictions on developments and factors that will influence markets and portfolios in the year ahead.

Devon Funds Head of Retail Greg Smith talks to ZB's Tim Dower about the selloff in the markets following rate decisions from the Fed, Bank of England, and European Central Bank. Back home he looks at the drivers of a kiwi GDP figure that came in much better than expected.

To listen to the full market update by Greg Smith please click here.

Devon Funds' Head of Retail Greg Smith talks to ZB's Tim Dower about the moves in the US markets ahead of the Federal Reserve meeting. He also discusses a potential major cancer breakthrough which has sent Moderna's shares soaring. Back home he gives his take on the Treasury's half year update and economic forecasts.

To listen to the full market update by Greg Smith please click here.

Greg Smith talks to ZB's Tim Dower about a stronger than expected factory gate inflation print in the US, and what this means ahead of a key Fed meeting.

By Greg Smith, Head of Retail at Devon Funds

New Zealand’s big electricity companies have come under fire recently, accused of generating ‘scarcity’ and prioritising ‘excess dividends’ over the past decade. A report co-authored by FIRST Union, NZCTU and 350 Aotearoa contends that the resultant ‘systemic underinvestment’ has left generating capacity practically flat over the period. The electricity companies are allegedly profiteering from elevated market prices, while consumers are losing out.

Greg Smith talks with Mike Hosking about the strong jobs numbers in the US, and what it means for the pace of future rate hikes. He also discusses the impact of a price cap agreed on Russian oil over the weekend. Back home Greg looks at the drivers of a ballooning kiwi trade deficit.

To listen to the full market update by Greg Smith please click here.