Welcome to this week's episode of the Money and Investing Show! Join your host Andrew Baxter and co-host Mitch as they dive into the 2024 federal budget. This episode is packed with insights on the winners and losers of the budget and how it will impact the economy in the short and long term.

Andrew and Mitch discuss tax changes, focusing on how they affect different income levels. They explore the implications for low and high-income earners and the overall economic stimulus. The conversation then shifts to energy bill relief and rental assistance, examining whether these measures provide meaningful support or add to inflationary pressures.

The hosts also delve into the impact on international students, defence spending, and the controversial changes to HECS debt indexing. They provide a balanced view of how these elements could shape the economy and society.

In the second half of the episode, the focus turns to the budget losers. Topics include the impact on universities, the reduction in international student numbers, and the tightening of NDIS funding. Andrew and Mitch critically analyse these measures, questioning the long-term vision and sustainability of the budget.

Tune in for a comprehensive overview of the 2024 federal budget and its implications.

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Welcome to the Money and Investing show with hosts Andrew Baxter and Mitch. In this episode, we comprehensively analyse the US stock market and economy, enumerating each of its Strengths, Weaknesses, Opportunities, and Threats (SWOT).

We start by elaborating on the strengths of the US economy, which include a robust consumer market, encouraging employment data, and impressive earnings growth. We also shed light on the commendable work of Jerome Powell and the US Central Bank in securing the economy amidst various challenging situations.

Transitioning to weaknesses, we discuss the narrow breadth of the US market and the soaring inflation. We contemplate how an overvalued market can potentially make it susceptible to a drastic sell-off, especially in the absence of the anticipated earnings growth.

Discussing opportunities, we pinpoint the market’s positive momentum, fuelled by an optimistic sentiment and earnings growth, providing a valuable window for investors. We also discuss the potential of bond plays, especially if we have reached the peak of interest rates. As for threats, we consider the uncertainty of inflation and its potential impact on consumer spending and company earnings.

In addition to the SWOT analysis, we also delve into potential political shifts in the US, focusing on a potential return of a Republican government and its implications for the US economy and stock market. We discuss potential tax cuts under a hypothetical second term for President Trump and the possible return of trade tariffs, especially with China.

We proceed to scrutinize how such political shifts could affect business profitability and earnings. We also delve into market volatility and the opportunities and uncertainties it brings, specifically regarding energy and commodities.

Ultimately, we discuss the threats posed by geopolitical and US political tensions and the potential disruptions posed by stubborn inflation and imminent elections worldwide.

Join us on this journey as we dissect each aspect and comprehend the strategic implications of policy changes on market dynamics.

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FREE Online Training with Andrew Baxter: https://bit.ly/cod-online

Subscribe to Money and Investing Podcast: http://www.moneyandinvesting.com.au/

The Wealth Playbook: Your Ultimate Guide to Financial Security: https://www.wealthplaybook.com.au/

The Wealth Playbook on Audible: https://www.audible.com.au/pd/The-Wealth-Playbook-Audiobook/B0CXYYWZTB?qid=1711282387

Dive deep into the intricate world of veteran investor Andrew Baxter in this Money and Investing Show. Explore his cutting-edge investment strategies, portfolio's content, and the logic behind his decisions. Discover the stocks, ETFs, and bonds he holds and learn the techniques he uses to maximize rewards while minimizing risks. By delving deeper into his wisdom, you'll gain valuable insights into market trends and effective investment approaches.

In this episode, Baxter elaborates on his expectations for US interest rate cuts and how he's positioned himself to benefit from them despite the delay in implementation. Learn about his keen use of long US treasuries, additional options with bonds, and his stance on triple-geared US treasury exchange-traded funds. He also addresses the challenges of volatile inflation data, sharing his astute risk management strategy amid uncertainty.

Further, Andrew talks about his exposure to the NASDAQ, his use of T-Triple-Q for portfolio diversification, and the importance of company earnings during the investment decision-making process. He also discusses his long-term holding in the Indian equity market enabled through the PIN ETF and his stance on potential exposure in the energy sector and lithium.

Follow along as experienced trader AB navigates through complex topics, from technical setups identified while trading to lithium’s “golden fingerprint” and the utility of Bollinger Bands coupled with on-balance volume. He also shares his asset allocation strategy, a "smash and grab” trades approach, balancing high risk and potential gain.

Don't miss AB's valuable advice on risk management, explaining why it's crucial to understand your personal risk appetite. The episode concludes with useful tips for budding investors and emphasizes simple yet effective means of choosing appropriate investment instruments and tactics.

Subscribe to our Channel: https://www.youtube.com/channel/UCfmaldKMEUc5qXeIQ7zEBeA?sub_confirmation=1

FREE Online Training with Andrew Baxter: https://bit.ly/cod-online

Subscribe to Money and Investing Podcast: http://www.moneyandinvesting.com.au/

The Wealth Playbook: Your Ultimate Guide to Financial Security: https://www.wealthplaybook.com.au/

The Wealth Playbook on Audible: https://www.audible.com.au/pd/The-Wealth-Playbook-Audiobook/B0CXYYWZTB?qid=1711282387