US Market Update and Australian Insights
Motley Fool Australia's General Manager, Adam Surplice, and Chief Financial Officer, Scott Phillips, discuss the US election, Aussie inflation, earnings season, and stock opportunities. Tune in Below!
Note: This episode was streamed live on Wednesday, 24 July 2024. You can watch the full video or jump to areas of interest via the video summary with timestamps below.
Video Summary and Timestamps
0:16 – Introduction: New Platform
Adam Surplice, General Manager of Motley Fool Australia, introduces the video with Scott Phillips, discussing platform changes and disclaimers.
1:21 – US Presidential Election and Market Impact
Discussion on Kamala Harris's candidacy and how US market uncertainty could ripple through to Australian markets.
7:05 – Avoiding Emotional Investment Decisions
Scott emphasises focusing on long-term goals, warning against sitting out of markets due to fear or political changes.
8:22 – Upcoming Australian Economic Data
Preview of inflation reports, the Reserve Bank of Australia's rate decision, and their impact on Australian investments.
17:00 – Earnings Season Overview
The significance of earnings season and expectations from Pro Medicus Ltd (ASX: PME).
26:21 – Telix Pharmaceuticals Insights
Scott discusses Telix Pharmaceuticals Ltd (ASX: TLX), highlighting its progress in cancer treatments and future growth potential.
30:00 – Alphabet and Tesla Earnings Review
Analysis of Alphabet Inc. (NASDAQ: GOOGL) and Tesla Inc. (NASDAQ: TSLA) earnings, evaluating profitability challenges.
44:10 – Economic Insights from Travel Observations
Scott shares observations on subdued tourism and early signs of an economic slowdown.
Stay informed with expert insights from the Motley Fool Australia team. Motley Fool members can submit questions for Adam and Scott to address in future discussions at Ask the Fool.
