Budget, barbells and beast mode 🏋️ - a podcast by ausbiz

We’d like to say the Budget spurred today’s “seventh heaven” winning streak, but the yield curve is more likely responsible for key market moves. The tech sector again responded to lower longer-dated bond yields, although a bump in the industrial sector took out first prize. It seems profit-taking dragged down some popular names like Incitec Pivot, Whitehaven Coal and Liontown. Financials quietly sailed higher on this tide, today up another 0.9%. Overall, the benchmark S&P/ASX200 closed up 50 points, or another 0.7% to 7515 - only a shade below all-time highs.

Our top three VODs:

A short term pragamatist's Budget I the big picture

There is (still) no alternative; investing in unprecedented times

Is it time to buy the dip on megatrends?

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