Thursday 29th May - Dow off -244pts, SPI up +13pts

29/05/2025

Thursday 29th May – Dow off -244pts, SPI up +13pts

Subscribe to Market Matters Blog

Latest Reports

Morning report 21/07/2025

Macro Monday: Equities punch to new highs on a lack of negative news

Since April, global indices have shrugged off bad news almost with disdain, leaving many pundits looking for new reasons to justify a potential fall in stocks. Most importantly, for all the political noise and recession warnings, the linchpin US economy remains resilient, allowing markets to scale new heights.

Weekend report 19/07/2025

Weekend Q&A: The bulls are stampeding like Pamplona

The ASX200 rallied another +2.1% last week, posting a fresh closing high on Friday, extending July’s gain to +2.5%. Gains were broad-based over the five days, with all 11 of the main sectors closing higher, led by Tech and healthcare, which surged +5.2% and +4.8% respectively. The trend remains clearly bullish, and while the average gain for the month of July over the last decade is around 3% equities are breaking to new highs with strong momentum, and as we mentioned on Friday morning, the surprises in markets usually unfold with the trend - the best two Julys of the last decade have delivered gains closer to 6%.