Read the Weekend Edition
MPC Markets Weekly Roundup: Bulls vs Bears
Summary
In this episode, Jonathan and Mark discuss various market trends, including Nvidia’s strong earnings, the approval of Woodside’s gas project, and the implications of a potential bear market rally. They analyze the performance of the ASX, US earnings, and bond market dynamics, while also touching on geopolitical factors affecting commodities like uranium, gold, and silver. The conversation wraps up with predictions for the upcoming week and insights into investment strategies in the crypto space.
Takeaways
- Nvidia’s earnings were a significant market driver.
- Woodside’s gas project approval marks a major decision by the government.
- The market is experiencing a bear market rally, but it could break through record highs.
- HealthScope’s recent receivership raises questions about private hospital viability.
- US bond market shows signs of stability despite previous concerns.
- Asian markets tend to panic, leading to buying opportunities in the US.
- Uranium prices are rising due to policy changes.
- Bitcoin is stabilizing above $100, indicating bullish potential.
- Gold and silver miners are outperforming their underlying commodities.
- Geopolitical tensions are impacting commodity supply chains.
