Media

Devon Head of Retail Greg Smith discusses with Mike Hosking the fall in the US indices overnight and on concerns around the global economy. Closer to home he looks at a trading update from Freightways and the implications of telco tower sales across the Tasman for Spark New Zealand.

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

Devon Head of Retail Greg Smith speaks with Mike Hosking about better-than-expected jobs numbers in the US and what it means for investors. He also discusses the cratering in the share price of a well-known sporting apparel company which has been wearing higher costs rather than passing them on.

Devon Head of Retail Greg Smith speaks to Mike Hosking about the sell-off on Wall Street which has given back all of the previous day’s gains post the Fed meeting. He also recaps a huge earnings result from oil major Royal Dutch Shell.

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

Greg Smith speaks with Mike Hosking about the hot-off-the-press announcement from the US Federal Reserve and amid another busy day for US earnings releases. He also reflects on the RBNZ Financial Stability report and whether there is cause for concern over the housing market.

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

Devon Head of Retail Greg Smith spoke with Mike Hosking about results from oil major BP, which has delivered the largest quarterly loss in its history, due to an exit from Russia, but which were hugely impressive on an underlying basis. He also discusses what has finally prompted the Reserve Bank of Australia to increase interest rates for the first time since 2010.

This month’s special interest piece is written by Devon Head of Retail, Greg Smith

Stock market volatility in April has given investors further cause to believe that the recent rotation from growth to value has further to play out. While most markets were softer, ‘growthier’ sectors came under much more pressure. The tech laden Nasdaq Composite in the US fell over 13%, dragging the broader S&P500 benchmark down nearly 10% for the month. In contrast, the broader and older economy-dominated NZX50 and ASX200 were only down 1.9% and 0.9% respectively.

Devon Head of Retail Greg Smith discusses with Mike Hosking the latest market moves ahead of the Fed get together, and other key central bank meetings this week. He looks at why Apple is in the cross-hairs of EU regulators, as well as the rebound in Qantas as passenger traffic soars back above pre-pandemic levels, giving the airline the confidence to seal the deal on a dozen ultra-long haul planes.

Devon Head of Retail 

Writing for the NZ Herald, Devon Head of Retail Greg Smith contrasts the differing fortunes of the Ports of Auckland and Port of Tauranga, since the former delisted from the market in 2005. He suggests a re-listing might be exactly what is needed to turn the ship around.

To read the full article by Greg Smith please click here.

Devon Funds Read of Retail Greg Smith explains to Philip McAlister at Good Returns TV why value investing is suddenly back in favour, and why the recent style rotation could be set to endure for some time.

To view the full article please click here.