Jimmy Orange

The Morrissey Exchange, Shaw and Partners: Jimmy Orange

In today’s podcast Ben Morrissey interviews Mr Jimmy Orange; the man with the coolest name in Australian sport.

Topic of discussion: Academy Movement; The pathway to success

Jimmy is the founder of Academy Movement; a sports based educational initiative designed to engage disillusioned students in lower socio-economic areas. Jimmy’s goal is to achieve the following:

• Increased likelihood of completing VCE

• Broaden potential career options

• Improve physical and mental well-being

• Provide a long-lost sense of belonging to both the community and school

• Pathway to sporting excellence

It all sounds too good to be true but it’s not, and he already has the runs on the board.

So turn off all the superfluous discussion on football finals, tune in and enjoy.

Everything you wanted to know about what’s going on in this crazy world - Part 2

The Morrissey Exchange, Shaw and Partners: Everything you wanted to know about what’s going on in this crazy world- Part 2

In today’s podcast Ben Morrissey interviews Mr Martin Crabb, Chief Investment Officer at Shaw and Partners.

The topic of discussion is: Everything you wanted to know about what’s going on in this crazy world- Part 2.

In this second offering of a two part discussion, we cover issues such as property prices, supply chains, energy and geopolitical tensions and their ramifications for markets. 

This is an illuminating discussion between two men with over 60 years of combined market experience and well worth a listen.

Get some discussion fodder for your next dinner party and listen in.

Everything you wanted to know about what’s going on in this crazy world - Part 1

The Morrissey Exchange, Shaw and Partners: Everything you wanted to know about what’s going on in this crazy world - Part 1

In today’s podcast Ben Morrissey interviews Mr Martin Crabb, Chief Investment Officer at Shaw and Partners. 

The topic of discussion is: Everything you wanted to know about what’s going on in this crazy world- Part 1. 

In this first offering of a two part discussion, we traverse key talking points and areas of interest such as comparative market performance  and why, market direction, Chinese influence on our market, inflation, interest rate direction, gold performance (under) and more.

This is an illuminating discussion between two men with over 60 years of combined market experience and well worth a listen.

So spark up your otherwise uneventful drive home from work with some fascinating market insights.

All you need to know about Exchange Traded Funds

The Morrissey Exchange, Shaw and Partners: All you need to know about Exchange Traded Funds

In today’s podcast, Alex Henderson discusses the murky and complex world of Exchange Traded Funds (ETF’s) with Damon Gosen, Director – Business Development at VanEck.

The growth of ETF’s has been phenomenal since they started in the US 29 years ago to become a $10.2 trillion force in listed markets. There are now more indices than stocks in the world, with innovative new thematics capturing investors’ attention. 

Put your feet up, grab a cup of tea and listen to these two gentlemen traverse the land of ETF’s and index investing.

This is getting interesting, 1 October 2021 Weekly Update

This is getting interesting

On Tuesday this week the market fell to its lowest point in 4 months, the next day enjoyed its best day this year, then got smacked again on Friday. Volatility is back. In summary, the market fell 167 points or 2.3% for the week.

Energy prices have replaced Evergrande on the front page of business papers this week - that was of course up until the only adult in State politics fell on her sword and resigned-. The oil price hit US$80/barrel for the first time in 3 years, gas prices have risen to US$30 plus per unit and thermal coal hit a high of US$218/tonne.

Fury Road (A.K.A. Westgate Freeway), 24 September Weekly update

Fury Road (A.K.A. Westgate Freeway)

Was that our beloved city this week or a scene out of Mad Max? ‘Now Let me be clear’. The Premier’s systematic destruction of people’s businesses, will’s and psychology is almost complete, topped off by a stunningly conspicuous lack of leadership and courage on Tuesday; when Rome was burning... Then the earthquake, what is going on?

The market also had a conniption early in the week but did recover to close the week down 0.8%.

The Art Of Investment, with Tony Smith from Cashel Family Office

The Morrissey Exchange, Shaw and Partners: The Art Of Investment, with Tony Smith from Cashel Family Office

There is a belief that investment is just a science; numbers, figures, profits, and bottom lines. In amongst all the data, however, there is a scope for artists and visionaries to roll up their sleeves and help businesses get the most out of what they’re doing and realise their potential.  

Tony Smith, Cashel Family Office’s Senior Portfolio Manager and Investment Committee Member, speaks with Ben Morrissey exploring the process of transforming companies from within and walks us through a few of his recent projects; IODM Limited (IOD) and Energy Technologies Limited (EGY). 

Don’t let earthquakes be the only thing to rock your world today.

This Is Serious, Mum, 17 September Weekly Update

This is Serious, Mum

The announcement by the Federal Government that they will be scrapping the previous agreement with the French (that is a decade behind schedule mind you) to the new nuclear-powered (and capable?) submarine fleet seems innocuous enough, but it’s all linked.

The US, UK and Australia (now a new acronym of AUKUS) are formalising a strategic security pact for the Indo Pacific region to cooperate in the development of a host of new tech defence systems including AI, hypersonic missiles and cyber weapons.

Tempering Enthusiasm, 10 September Weekly Update

Tempering Enthusiasm

In a bit of a topsy turvy week the market fell 116 points or 1.6%. Iron ore and gold keep falling, coking and thermal coal keep rising (coking coal at a 5-year record), and now thanks to a coup in Guinea, bauxite and alumina are rising with another 15% pop last night. Guinea is a major global bauxite supplier and accounts for around 55% of Chinese supply. This rise in the price of bauxite (the base ore used for aluminium extraction and refining) is good for Alumina (AWC) and South 32 (S32).

The market seems to be reconciling lower growth expectations at the moment, which in my view is entirely justifiable.

The Nuclear Alternative

The Morrissey Exchange, Shaw and Partners: The Nuclear Alternative

The future is green; but is it glowing? 

Uranium. The dirty, radio-active, disaster starting, glowing green villain of energy sector is getting a P.R. make over and is now presenting as a sustainable green energy solution for the world has been searching.

The Paris Agreement set the long-term objective of stabilising “greenhouse gas concentrations in the atmosphere" by reducing carbon emissions to zero by 2050. To date, the only sensible, long-term decarbonisation forecasts have uranium demand doubling over the next 30 years through to 2050; but what does this mean for investors?

Join Morrissey Group advisor, Ben Morrissey, as he speak with Shaw & Partners Resources and Energy analyst, Mike Clark, as they delve in to the "explosive" nuclear energy discussion.

Doughnut Dan, 3 September Weekly Update

Doughnut Dan

Well despite being locked up for the best part of the last two years, and soon to be subjected to the longest lockdown in the world, our rate of infections are escalating at a faster rate than that of our Northern counterpart where lockdowns were put off for as long as possible and weren’t as severe nor broadly applied. And closing playgrounds, I know they’ve backflipped on this but honestly. Hell we went into lockdown 24 hours after the Premier smugly bragged about his doughnut day.

Strap yourself in, lots to get through, 27 August 2021 Weekly Update

Strap yourself in, lots to get through

The market limped 27 points higher to 7488 this week and there were plenty more results through. They’ll continue thick and fast until the end of the month. Amidst this white noise of figures, there are some interesting results being released.

Interview with Andrew Varlamos, CEO and Co-Founder of OpenInvest

The Morrissey Exchange, Shaw and Partners: Interview with Andrew Varlamos, CEO and Co-Founder of OpenInvest

In this episode Morrissey Group Wealth Advisor, Ben Morrissey, is joined by OpenInvest CEO and Co-Founder, Mr Andrew Varlamos.

Last year the Covid-19 pandemic saw the rise of speculative trading in shares both here and around the world as people were stuck at home in lockdowns looking for some form of entertainment. Online broking platforms such as Robinhood and Superhero provided small investors low or no cost access to the stock market. Armed with tips from golf buddies, the desire to take control themselves or just relief from the boredom, speculative trading in markets looks to be at an all time high.

But "Free" never comes without some cost, and many unadvised investors are missing out on some much needed professional assistance.

Enter OpenInvest. A forward thinking technology company enabling smaller investors to gain access to a professionally managed portfolio that would otherwise be reserved for those dealing directly with a broker or financial planner.

The future of Wealth Management is borderless, and it is companies with the vision and the technological knowhow that are changing the game and opening channels to connect professionals with would-be-investors.

Woodside want to be the Big Banana, 20 August 2021 Weekly Update

Woodside wants to be the Big Banana

The big news this week was the Woodside Petroleum/BHP Petroleum tie up which I’ll get onto later in the report. But the oil and gas space is already consolidating here; first Santos and Oil Search getting together, now Woodside is buying BHP’s Petroleum division. Is Beach Petroleum at risk of takeover?

The market slipped for the first time this week since early July, falling 2.2% to 7461. Australia’s unemployment rate fell from 4.9% to 4.6%, but the participation rate also fell marginally from 66.2% to 66% and underemployment rose from 7.9% to 8.3%.

Commodity prices rolling forward, 13 August 2021 Weekly Update

Commodity prices rolling forward

On a seemingly unstoppable roll, the market rose another 1.2% this week rising to 7629. In the US their reporting season has nearly come to a close, producing some exceptional results with 87% of the S&P 500 beating earnings expectations and providing encouragement and justification to buyers. I doubt this can continue.

Locally, insurers Suncorp, QBE and IAG made large profits because they’ve increased premiums pretty aggressively and no one can do anything so claims aren’t being triggered. Elsewhere commodity prices roll on like ocean swell, iron ore falling to $160/tonne and coal continuing its rise.

Lock Down, Market Up

The Morrissey Exchange, Shaw and Partners: Lock Down, Market Up

Based in Melbourne, the Morrissey Group find themselves back in lockdown for the sixth time; and this time round we're joined by most of the eastern seaboard. 

15 million people are locked in their homes in an attempt to stop the spread of COVID-19 with so many industries shutdown creating ever mounting economic and psychological pressure. But despite our three most populous cities being closed-for-business, our stock market is trading at record highs. 

Join Morrissey Group advisors, Ben Morrissey and Alex Henderson, as they look at Australia's current economic environment in comparison to some of our global peers. We may have won the 2020 elimination battle, but at what cost? And do we now find ourselves in the unenviable position of potentially losing the war?

Six and out? Bloody hope so, 6 August 2021 Weekly Update

Six and out? Bloody hope so.

The market continued on its steady rise, up a full 2% this week. The big miners suffered a little, banks and healthcare were strong, but the big move came from a company that didn’t even exist seven years ago.

MG Alpha Model Portfolio Update

Alpha Finishes Strongly; More to Come

The MG Alpha portfolio rose 39.6% for Financial Year 2021, with the broader market rising 23.99%. For the quarter we trailed the ASX 200 rising 3.6% versus 7.7%. The pandemic related panic allowed us to accumulate positions in the banks, major miners and beaten up property trusts and high yield credit income funds, which will prove worthwhile acquisitions in years to come.

Quarterlies aplenty, 23 July 2021 Weekly Update

Quarterlies aplenty

Inflation concerns returned in the US this week, initially setting the tone for global markets. Our market looked to be substantially weaker, but the now regularly recurring buying strength returned, resulting in the ASX200 rising 0.6%.

We are in the midst of a large number of quarterly and half yearly reports being released so I’ll cut straight to it.