Greg’s interview with New Zealand Herald’s Madison Reidy published this morning. See link to article below to access the video. https://www.nzherald.co.nz/business/all-the-trump-trades-bitcoin-big-tech-banks-and-bets/HRVXKUFSYVAXNHQXGMMFLQ2TIQ/   All the Trump trades: Bitcoin, big tech, banks and bets

With the US share market closed for Thanksgiving it is a good opportunity to reflect on the returns of the $S&P 500(.SPX)$ month and year to date and exam what may lie ahead. 2022 has been a difficult year for stocks with the $S&P 500(.SPX)$ falling 27.5% from its January intraday high of 4,818 to an intraday low of 3,491 in mid-October.From this October low the market has rallied 15.6% to 4,034 on Wednesday.So, will this bear market rally succeed where others (January, March, May and June) have failed this year?  Time will tell!Mid Term Election EffectWhat we do know is that historically stocks tend to sell off in the two quarters ahead of midterm elections an

$S&P 500(.SPX)$ $NASDAQ(.IXIC)$The US share market began today’s trading session down more than 2.4% after the Bureau of Labor Statistics announced that the consumer price index increased 0.4% for the month, higher than expectations. On a 12-month basis, headline inflation was up 8.2%, but off its peak of just over 9% in June. However, the increase in the core inflation rate over the past year climbed to a new peak of 6.6% from 6.3%, marking the biggest gain in 40 years according to Greg Boland, CEO of Tiger Brokers NZ. Fed fund futures now predict a 95% probability of a 75-point

(The story is written by Jonathan Mitchell on Fri, 23 Sep 2022 at https://www.nbr.co.nz/) The Kiwi dollar is expected to experience further downside pressures as investors retreat to safety, as the US Federal Reserve hikes interest rates, as well as fears of a global recession.The New Zealand dollar touched a 2.5-year low against its US counterpart this week at 58c, after the Fed hiked again by an expected 75 basis points.It also put the Kiwi under pressure with the Australian dollar, below 88c.Tiger Brokers chief executive Greg Boland told NBR there was a further chance of the Fed raising rates by another 75bp in November.He said the Kiwi was feeling the heat from aggressive monetary policies around the world, as well as weaker commodity prices

This presentation is given by Greg Boland, who is Chief Executive Officer and an authorised representative of Tiger Fintech (NZ) Limited.This is not an offer to deal in any financial product. The information given in this presentation must not be reproduced, distributed or disclosed to any third party.This information may contain general advice, which has been prepared without considering an individual investor’s objectives, financial situation or needs. Before making any decision about the information provided, you must consider the appropriateness of the information having regard to yourobjectives, financial situation and needs, and consult your financial adviser. Investment in financial products involves risk. The past performance of financial products is not a reliable indicator of fut

My weekly commentaryThe Trump TradeAt the close of US equities trading this morning many of the Trump trade stocks had begun to give back some of the huge price gains they have made in the past week since Donald Trump became President elect. The Crypto and Banking sectors jumped as many believe Trump will ease regulation for both sectors.Coinbase had more than doubled in price in the past week before giving some back some of the gains today. Leading banking stocks were also slightly higher today with Dow components $JPMorgan Chase(JPM)$ and $Goldman Sachs(GS)$ up 9.5% and 15% respectively since last Tuesday.Trump supporter Elon Musk’s Tesla also jumped as Tariffs on Chinese made EV’s imports to the US may be

Cult of personality – the trader vs the investorBy Greg BolandAre you a trader or an investor? A trader sounds a little more rebellious and given the short term, higher risk nature of their investment behaviour they usually are.An investor on the other hand is more focussed on long-term prospects.If new research from Finder is anything to go by then New Zealand is a nation of investors. And a fair number of you may rate yourselves as traders.The research found 56% of New Zealanders – that’s more than 2 million – were investing their money, ranging from buying property through to trading shares. More interestingly, almost two fifths (38%) have shares, making it the most common form of investment.And it’s not just NZX shares being traded. A growing number of Kiwis are trading globally becaus

“Tariff Limbo, Profit Palooza: 112 S&P 500 Reports Set to Define H2 2025”It is not easy to summarise the big market movements since the launch of President Trump v2 on 20 January, but with a half-year of data available we can now start to pick out some patterns. According to Forbes, Trump has flip-flopped on tariffs 28 times since Liberation Day. Wall Street has given him the derisive nickname of “Taco Trump” – standing for “Trump always chickens out” – and it may be that the sheer amount of to-ing and fro-ing has given companies and markets time to price in the effects of tariffs and dulled the shock somewhat. The latest promised date of tariff imposition is Friday 1 August, the same day the likes of $Chevron(CVX)$ and