Bull Case for ASX Small Caps With Callum Newman
In this episode, Kiryll Prakapenka grills Fat Tail's small caps expert Callum Newman about Callum's optimistic outlook for Aussie small caps. Topics discussed: Why Greg Canavan called Callum the 'most positive man in finance' Why Callum thinks 'all the ingredients are there for the Aussie stock market to start firing on all cylinders' How macroeconomic conditions inform (or don't inform) Callum's thinking Latest retail sales data implies a large, annual real per capital decline in retail turnover of ~4.5%. What is the significance? How much of the soft macroeconomic outlook has the market already priced in? Strength of iron ore price and why Callum remains bullish Lessons from the lithium hype cycle Why Callum 'does not give a toss' about the slim equity risk premium Principles of sound small caps investing: focus on businesses growing faster than wider economy 'Astonishing value' in the small caps sector as market continues to misprice solid, profitable businesses Callum's watchlist: Mount Gibson Iron, GQG Partners, Maas Group, Resimac Is the generative AI hype warranted and is there any AI ideas on the ASX? Book recommendations Welcome to Fat Tail Investment Research, your source for fortifying and growing your wealth with insights from leading experts in finance and investing. Join us each week as we roll out fresh videos, tapping into the expertise of top-notch specialists in investing, economics, the stock market, real estate, and personal finance, tailored specifically for our Australian investors. Explore illuminating interviews and in-depth explainer videos unraveling the trends shaping today's Aussie markets, the economy, and your overall portfolio. In these dynamic times, marked by economic shifts, record-low interest rates, growing debt, deficits, and unprecedented stimuli, navigating the evolving landscape is absolutely vital. The rules of investing are undergoing transformation, influencing the ASX, property markets, and various asset prices Down Under. The pressing question remains: Can markets prevail with a sustained ascent, or is a challenging reckoning unavoidable? Let Fat Tail Investment Research be your guide in supporting your portfolio against the uncertainties of the future, whether it's inflation, deflation, a bull market, a bear market, a market correction, a property market shift, an economic boom, a downturn, or another global financial shake-up – our experts cover all conditions to support you. Tap into the collective wisdom of the money and markets experts featured on Fat Tail Investment Research by heading to fattail.com.au Subscribe to our YouTube channel @FatTailInvestmentResearch =============================== All content is © Fat Tail Investment Research Pty Ltd All Rights Reserved. Financial Services Guide ====================================== Please keep this guide for future reference. A copy is available from us on request or can be downloaded from our website at fattail.com.au/financial-services-guide/. If you do not understand anything in it, or require more information, please feel free to contact us IMPORTANT =============================== We provide general financial product advice only. The advice published by Fat Tail Investment Research has been prepared without taking into account your objectives, financial situations or needs. Before acting on our recommendations, you should consider their appropriateness to your specific investment objectives, financial situation and needs. If you are uncertain as to what your objectives and needs are, you should contact a financial adviser or stockbroker who is licensed to provide you with personal financial product...
