ASB Investment Podcast

In this edition of Fridays with Frank, Frank and Nigel dig into the SpaceX IPO, why it could be an AI and data centre story in disguise and what history tells us about IPO performance. Plus, the RBNZ rate decision and the knife edge the Reserve Bank now has to walk between inflation and a struggling domestic economy. Also, why the gap between NZ companies thriving offshore and those fighting the domestic headwinds is widening and what it could mean for your portfolio.

Host Nigel Grant flies solo this episode to strip investing back to its roots. Using [his green thumb] as a guide, Nigel unpacks the core ideas every investor should have in their toolkit: what investing is really for, how to think about risk and return, why diversification matters, and the power of compounding. He also tackles one of the most common investing mistakes and shares why the patient gardener always outlasts the panicking neighbour.

In this edition of Fridays with Frank, Frank and Nigel dig into why inflation is back on the market's radar, what a run of bad inflation prints in the US and Europe means for interest rates, and why protecting your purchasing power is the single biggest risk long term investors face. Plus, Nvidia just reported an 85% surge in revenue, what does the world's biggest public company tell us about where AI investment is headed, and why being mostly right beats trying to be perfect with your investment strategy.

Host Nigel Grant is joined by ASB Senior Economist Kim Mundy to unpack the latest ASB Housing Confidence Survey. They explore how the Middle East conflict has rapidly shifted interest rate expectations, cooled house price optimism, and put a lid on a recovery that was starting to gain momentum with Auckland feeling the sharpest impact. Plus, Kim shares why despite the uncertainty, there's a silver lining for one group of Kiwi right now: first home buyers.

In this edition of Fridays with Frank. Frank & Nigel dig into why company-level AI spending is now driving the whole economy, why traditional diversification is getting harder, why rising global debt is a risk investors can't ignore and a few thoughts on what AI might be doing to us, as well as portfolios.