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Devon Head of Retail Greg Smith talks to ZB’s Mike Hosking about the driving factors taking the S&P500 to a record milestone, with the benchmark closing above 5000 for the first time ever. Part of the reason is falling inflation, which has been downwardly revised in the US, and also continues to fall across the Atlantic.

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

By Greg Smith, Head of Retail at Devon Funds

Devon Head of Retail Greg Smith talks to ZB’s Tim Dower about the blowout job numbers in the US which saw markets surge, along with very strong earnings from Meta and Amazon. Back home he touches on the implications of a sharp fall in housing consents.

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

Devon Head of Retail Greg Smith talks to ZB's Tim Dower about the positive reaction to a print on the Fed's preferred inflation guage which has come in lower than expected, showing that inflation is coming down, and clearing the way for rate cuts.  He also discusses why shares in chip giant Intel have been on the back foot.

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

Devon Head of Retail Greg Smith talks to ZB’s Tim Dower about the knockout US GDP numbers which have driven the markets higher. He also discusses Telsa, which went against the grain, falling heavily after its earnings. Down under he looks at why Domino’s shares tanked on the Australian exchange while shares in fellow fast food chain operator Restaurant Brands were in demand.

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

Devon Head of Retail talks to ZB’s Tim Dower, about the latest CPI read, which has NZ inflation back under 5% for the first time in 27 months. He also discusses the surge in Netflix’s share price which has shot the lights out on subscriber additions after clamping down on password sharing, bringing in ad-supported tiers, and raising prices.

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

Devon Head of Retail Greg Smith talks to ZB’s Tim Dower about a flurry of US earnings overnight, the great, bad and otherwise. He also discusses the stimulus measures being employed to support the Chinese stock market and the Hang Seng which earlier this week lost its mantle as the world's fourth largest stock market to India.

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

Devon Head of Retail Greg Smith talks to ZB’s Tim Dower about what drove a big surge in A2 Milk’s share price. Overseas he discusses new record highs for the US markets, with investors taking the prospect of a Trump Presidency again in their stride. He also covers the drivers of a surge in Japan’s stock market to the highest level in 34 years.

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

Devon Head of Retail Greg Smith speaks to Tim Dower about the S&P500 in the US which has hit a record high. He also discusses what is creating a few bumps in the road for the electric vehicle market, with Ford scaling back production. Back home he turns to the kiwi manufacturing sector which remains firmly in contraction mode, and strong migration numbers which are providing some economic assistance.

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

By Greg Smith, Head of Retail at Devon Funds

We are into the early throes of a new year already, and it is that time again to dust off the crystal ball, engaging in the tradition of making big-picture predictions on developments and factors that will influence markets and portfolios in the year ahead.