Despite a turbulent month with tariffs and AI disruption, global sharemarkets ended January higher. In this month’s issue JMI Wealth provide a wrap up of the key points over the month of January.

The prospect of Trumps pro-growth policies, lower interest rates and better than expected economic data are all positive for global share markets. This along with NZ corporate earnings at cyclical lows should be supportive for the NZ share market also. Read here for a wrap up of the key points from November.

Global markets were slightly weaker during October as better than expected economic data from the US meant interest rates might not fall as far or fast as forecast. Also uncertainty around the US election weighed on investors minds. We have some initial thoughts on the result of the election and the implications that might have for share markets and interest rates.

Andrew provides a wrap up of 2024 and what might be in store for investment markets in 2025.

2024 has been a rewarding year for investors. Andrew Kelleher gives some thoughts on the year just been and the year ahead for investment markets.

Investment returns have been strong but do vary markedly across different regions as countries continue to navigate the current economic climate. Andrew talks about some of the factors why and the outlook for interest rates in NZ

JMI Wealth Director Andrew Kelleher reviews Auckland Airport’s recently announced earnings report, offering insights into the results and the market’s reaction. He also discusses SkyCity’s latest earnings, highlighting their performance and pointing out a softer than expected outcome. Then, onto market figures.

JMI Wealth Director Andrew Kelleher yesterday's rate cut by the Reserve Bank of New Zealand, exploring the market’s reaction and the possibility of additional rate cuts in 2025. He also examines the January REINZ report, which revealed a decline in house sales and a small dip in the House Price Index. Then, onto market figures.

JMI Wealth Director Andrew Kelleher reviews the latest Fonterra Global Dairy Trade Auction results. He also covers yesterday’s announcement by the Reserve Bank of Australia regarding interest rate cuts. Additionally, he examines the ongoing NZX reporting season and provides insights into how Heartland Bank and Turners Automotive have performed under current economic conditions. Then, onto market figures.