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          <time datetime="2022-07-27T13:00:05+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 27, 2022 13:00</time>
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              An update on inflation
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    This wire will provide readers with an &quot;Update in charts&quot; of some of the key components we are monitoring for an easing of inflation.  Although brief, this wire...
</div>

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          <time datetime="2022-07-27T11:37:12+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 27, 2022 11:37</time>
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full ">
              Shrinkflation
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Economist Pippa Malmgren has been credited for coining the term “shrinkflation”, meaning, in its most common usage, when a company reduces a product’s size while...
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      <div>
        Morgan Stanley IM
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          <time datetime="2022-07-27T11:34:35+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 27, 2022 11:34</time>
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>A Pivotal Moment that could decide how this century plays <span class="whitespace-nowrap">out<svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" id="embed_podcast" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  The future of the 21st Century could be decided in the coming months. That’s the view of Secretary Leon Panetta former US Secretary of Defence.  Secretary Panetta...
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              Compelling Commodities
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    The current outlook for commodities is polarising investors. Commodity prices and resource stocks have declined (see chart) as the market has incorporated the...
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          <time datetime="2022-07-27T07:56:04+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 27, 2022 07:56</time>
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              Chart of the Week - Global Property Price Boom (and?)
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    Pandemic Property Price Pop:  Globally, property prices have been juiced to historically expensive levels thanks to pandemic (over)stimulus. As an indication of just...
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          <time datetime="2022-07-27T07:45:01+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 27, 2022 07:45</time>
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          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              What are companies telling us about recession risks?
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    There was an unprecedented amount of inflation talk among US companies at the end of 2021. Inflation is still frequently mentioned in corporate discussions along...
</div>

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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              The two Australian asset managers to watch according to Morgan Stanley
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              Sydney house prices now falling at 22% annual pace; Melbourne prices declining at 15% per annum
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</div>

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        Coolabah Capital
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          <time datetime="2022-07-26T17:23:38+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 26, 2022 17:23</time>
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          <div class="sm:flex-grow">
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              The Match Out: ASX creeps up to a 6-week high, energy stocks the main driver
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    The market remained in a holding pattern today waiting on Wednesday’s inflation print to get a better read on which direction to jump – although it has crept up to...
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          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              The paradox of cycles
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
    Central to the perpetuation of stock market cycles are emotions: excitement, hope, avarice, perhaps some envy. These are ever-present in our makeup, so they alone...
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        Platinum
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              The good news about the market plunge
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    The start of this year has been painful for investors with sharp losses in shares and bonds, dragging most superannuation funds into negative returns for the last...
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        AMP
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          <time datetime="2022-07-26T10:07:23+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 26, 2022 10:07</time>
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              Shun stock-pickers - choose investors
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
    Ally Selby (How the #1 picks went from hero to zero in just 6 months, 12 July) reckoned that the January-March quarter was “tough, tiresome and damn it, sometimes...
</div>

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        Leithner &amp; Company Ltd
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          <time datetime="2022-07-26T10:01:53+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 26, 2022 10:01</time>
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          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              Investing is not a game
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
    About a month ago my colleague Nick said in his Livewire article: &quot;Investing generally should be a boring, time-consuming, and not an exciting endeavour, which...
</div>

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        Spatium Capital
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              Bank of America survey reveals fundies are choosing cash over equities
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    Welcome to Charts and Caffeine - Livewire&#39;s pre-market open news and analysis wrap. We&#39;ll get you across the overnight session and share our best insights to get you...
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          <div class="sm:flex-grow">
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              Why are we so afraid of normal?
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  There has been an extreme bout of panic this year (ASX -11%, S&amp;P 500 -19%) regarding the return of what appears to be a traditional business cycle (yes it still...
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Reliance Worldwide Corporation Ltd</div>
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Reliance Worldwide Corporation Ltd</div>
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        Yarra Capital Management
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          <time datetime="2022-07-26T06:30:13+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 26, 2022 06:30</time>
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              Which asset class is best for higher interest rates?
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  The Reserve Bank of Australia’s decision to increase the cash rate by 25 basis points in early May and a further 50 basis points at its June meeting has prompted many...
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          <div class="sm:flex-grow">
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          <time datetime="2022-07-25T17:21:01+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 25, 2022 17:21</time>
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              The Match Out: ASX edges into the week, ends flat, Weak production at Oz (OZL), EML hit again
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    We edged tentatively into the new week with the ASX finishing 1pt lower as strength in Materials &amp; Utilities was offset by weakness in Tech &amp; Telcos – the market...
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Appen Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:APX</div>
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      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-150">
            Followed by<span class="font-bold text-gray-700"> 2724 </span>people
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          <div 
  class="follow-stock-code-150-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="DDR" data-controller="event" data-event-name-value="link_click" data-event-id-value="52452" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-ddr">
    <div
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>
  <div class="flex items-center gap-2">
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="610" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-ddr">
      <div class="p-4 flex group">
        <div class="flex flex-col">
          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Dicker Data Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:DDR</div>
        </div>
      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-610">
            Followed by<span class="font-bold text-gray-700"> 205 </span>people
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          <div 
  class="follow-stock-code-610-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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      </div>
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  </div>
</div>

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      <div class="border-6 border-tooltipDownArrowLight"></div>
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  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="EML" data-controller="event" data-event-name-value="link_click" data-event-id-value="52452" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-eml">
    <div
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>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">EML</span>
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="685" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-eml">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">EML Payments Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:EML</div>
        </div>
      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-685">
            Followed by<span class="font-bold text-gray-700"> 471 </span>people
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          <div 
  class="follow-stock-code-685-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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  </div>
</div>

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      +7
</a></div>

        </div>
        <div class="pt-4 pb-4 lg:pb-2 hidden sm:block">
          <div class="flex gap-2">
    <div data-controller="tooltip">
  <a aria-label="APX" data-controller="event" data-event-name-value="link_click" data-event-id-value="52452" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-apx">
    <div
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  <div class="flex items-center gap-2">
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</a>  <div class="hidden" data-tooltip-target="content">
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  <div>
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Appen Ltd</div>
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</a>    <div class="px-4 mt-0.5">
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        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-150">
            Followed by<span class="font-bold text-gray-700"> 2724 </span>people
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          <div 
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  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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  </div>
</div>

    <div class="h-0 w-full flex justify-center">
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  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="DDR" data-controller="event" data-event-name-value="link_click" data-event-id-value="52452" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-ddr">
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  <div class="flex items-center gap-2">
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    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Dicker Data Ltd</div>
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</a>    <div class="px-4 mt-0.5">
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          <div 
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    <div data-controller="tooltip">
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  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="685" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-eml">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">EML Payments Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:EML</div>
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</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-685">
            Followed by<span class="font-bold text-gray-700"> 471 </span>people
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          <div 
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  data-load-engagement-count-target="follow"
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  </div>
</div>

    <div class="h-0 w-full flex justify-center">
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  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="EVN" data-controller="event" data-event-name-value="link_click" data-event-id-value="52452" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-evn">
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  <div class="flex items-center gap-2">
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</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="744" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-evn">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Evolution Mining Ltd</div>
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</a>    <div class="px-4 mt-0.5">
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          <div 
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      </div>
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  </div>
</div>

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  </div>
</div>

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  <a aria-label="FLT" data-controller="event" data-event-name-value="link_click" data-event-id-value="52452" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-flt">
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  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="787" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-flt">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Flight Centre Travel Group Ltd</div>
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</a>    <div class="px-4 mt-0.5">
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      +5
</a></div>

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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              The certainty of a maturity date on longer-dated fixed rate bonds
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    As global markets brace for ongoing uncertainty caused by higher inflation and rising interest rates, bonds offer investors certainty through regular coupon payments...
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