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          <time datetime="2023-09-06T07:45:36+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">September 06, 2023 07:45</time>
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              Why real diversification requires discipline
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  Investors historically have always struggled with diversification, and it’s logical to wonder why it’s such a difficult goal to achieve. The hard truth, however, is...
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          <time datetime="2023-09-06T06:30:09+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">September 06, 2023 06:30</time>
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              The surprising reason for tech’s recent strength
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  With many economists still predicting a US recession, investors are justified in asking: “Why has US tech been soaring?”
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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%] ">
              <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>The era of the 100% pay-out ratio is over. Here&#39;s <span class="whitespace-nowrap">why<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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<path d="M9.12598 12.0009L14.876 8.73094L9.12598 5.46094V12.0009Z" fill="#19202D" stroke="current" stroke-linecap="round" stroke-linejoin="round" id="play_icon"></path>
</svg>
</span></span>
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Margin pressures from high interest rates, a weaker consumer and tight labour markets were key 2023 themes but these companies stand out.
</div>

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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Ampol Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:ALD</div>
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            Followed by<span class="font-bold text-gray-700"> 651 </span>people
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Aurizon Holdings Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:AZJ</div>
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            Followed by<span class="font-bold text-gray-700"> 379 </span>people
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">BHP Group Ltd</div>
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            Followed by<span class="font-bold text-gray-700"> 2379 </span>people
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      +9
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Ampol Ltd</div>
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            Followed by<span class="font-bold text-gray-700"> 651 </span>people
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Aurizon Holdings Ltd</div>
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            Followed by<span class="font-bold text-gray-700"> 379 </span>people
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">BHP Group Ltd</div>
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Fortescue Ltd</div>
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              The Match Out: RBA holds fire, stocks recover from early weakness
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  The daily Match Out for Tuesday 5 September 2023 with James Gerrish of Market Matters
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        Market Partners 
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          <time datetime="2023-09-05T16:52:17+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">September 05, 2023 16:52</time>
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          <div class="sm:flex-grow">
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              Joyce&#39;s 3 biggest blunders at Qantas
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  Qantas shares are down around 15% since Joyce&#39;s sale and down 11% in the past month.
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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 RBA kept rates on hold in September 2023. Here&#39;s what that means
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Today’s RBA interest rate decision saw Philip Lowe announce a hold at 4.10% for the Australian cash rate.
</div>

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        Livewire Markets
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              Reflections ahead of Philip Lowe’s last speech
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  Arguably the most significant lesson is that future Governors should intervene with monetary policy far less than he did. 
</div>

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              How companies can win back trust (and why it matters to share price returns)
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  After the love has gone, what&#39;s left for investors?
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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%] ">
              75% of thematic ETFs have underperformed the market over 3 years. Are they still worth it?
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Cameron Gleeson from Betashares makes a defence
</div>

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              The shift to private debt: Why investors are eyeing non-sponsored lending
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  Private debt, the differences between sponsored and non-sponsored lending - How FC Capital can help you navigate this dynamic asset class.
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              ASX 200 to fall, US markets closed + RBA primed for another rate pause
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  Get up to date on overnight market activity and the big events for the day.
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              5 things you need to know about consumption, profits and what that means for investing
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  The ABS has released its latest data on household data, business indicators and inflation. This is what it all means in brief.
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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>Key themes from reporting <span class="whitespace-nowrap">season<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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  In the latest episode of the Invest it Best podcast, I speak with Senior Analyst within Wilsons Investment Strategy Group, Rob Crookston to discuss the recent...
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        Wilsons Advisory
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  By nature they’re sceptics, and at key junctures become contrarians. I show why they should disbelieve the orthodoxy – and why it matters.
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        Betashares
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          <time datetime="2023-09-05T06:30:14+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">September 05, 2023 06:30</time>
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              Backed by real choice
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  From shopping centres, healthcare facilities and industrial warehouses to toll roads, airports and schools, real assets have a tangible, beneficial presence in the...
</div>

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          <time datetime="2023-09-04T17:42:59+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">September 04, 2023 17:42</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%] ">
              Philip Lowe led the RBA for 7 years, but what legacy has he left behind?
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  In this wire, I outline five pivotal moments from the soon-to-be ex-governor&#39;s time at the helm of the RBA. 
</div>

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          <div class="sm:flex-grow">
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              The Match Out: ASX rallies, Uranium stocks lead
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  The daily Match Out for Monday 4 September 2023 with James Gerrish of Market Matters
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          <time datetime="2023-09-04T16:30:14+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">September 04, 2023 16:30</time>
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          <div class="sm:flex-grow">
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              A breakaway momentum signal has averaged 20.7%*
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  Historical breakaway momentum signals have been very bullish for US equities. We look into why this may be the case this time too.
</div>

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    srcset="https://www.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBaFhFIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--3f13f0788c1ec3b771ae8dccf4821bcf6c282e2e/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--d4026b52d9aa7a676b3d70dbe31c85d930184392/IMG_9090.jpg, https://www.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBaFhFIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--3f13f0788c1ec3b771ae8dccf4821bcf6c282e2e/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--d4026b52d9aa7a676b3d70dbe31c85d930184392/IMG_9090.jpg 2x"
    alt="Hue Frame"
    style=""
    loading="lazy">
</picture>
</a>    </div>
  <div id="profile-link" class="text-heavy-sm md:text-heavy-md text-darkestgray">
    <div>
        <span class="profile-name-hover-container" data-controller="event tooltip" data-event-name-value="contributor_hover_view" data-event-id-value="60052" data-event-statisticable-value="profile" data-event-custom-data-value="{}" data-event-event-value="mouseover" data-tooltip-url-value="/hotwired/hovercards/60052/contributor">
          <a class="hover:underline mr-1" data-controller="event" data-event-name-value="link_click" data-event-view-name-value="summarized_longform_wire_view" data-event-id-value="60052" data-event-statisticable-value="profile" data-event-custom-data-value="{&quot;position&quot;:7800,&quot;section&quot;:&quot;latest_feed&quot;}" data-event-ga-category-value="Homepage Latest Feed" data-event-ga-action-value="link_click" href="/contributors/hue-frame">Hue Frame</a>
</span>    </div>
      <div>
        Frame Funds Management
      </div>
  </div>
</div>

        </div>
        <div class="hidden lg:block lg:mt-4 mx-4 w-1 h-4 border-l border-gray-300"></div>
        <div class="mt-4 flex items-center text-heavy-sm md:text-heavy-md text-darkestgray">
          <div class="flex items-center mr-4">
            <div id="wire-listing-like-56804" data-load-engagement-count-target="like" data-wire-id="56804" data-position="7800">
                <button
  class="lw-button tertiary_gray xs icon-only "
  
  data-turbo-stream-url-value="/hotwired/likes/56804/wire/7800/like"
  data-controller="
    event 
     
    
    
    turbo-stream 
  "
  data-controller="event turbo-stream " data-event-name-value="like_clicked" data-event-view-name-value="" data-event-id-value="56804" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;position&quot;:7800,&quot;section&quot;:&quot;latest_feed&quot;}" data-event-ga-category-value="latest_feed" data-event-ga-action-value="like_clicked" data-event-ga-label-value="" data-turbo-stream-method-value="post"
  
  
  aria-label=home_like
  
  
  
>
  <svg class="home_like">
  <use xlink:href="#home_like"></use>
</svg>

  
  
  
</button>


</div>            <div class="flex items-center ml-1">
              <div id="comment-link-56804" data-load-engagement-count-target="comment" data-wire-id="56804" data-position="7800">
    <a
  class="lw-button tertiary_gray xs icon-only "
  href="/wires/a-breakaway-momentum-signal-has-averaged-20-7#comment_body"
  
  data-controller="
    event 
     
    
    
     
  "
  data-controller="event" data-event-name-value="wire_comment_click" data-event-view-name-value="" data-event-id-value="56804" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;position&quot;:7800,&quot;section&quot;:&quot;latest_feed&quot;}" data-event-ga-category-value="latest_feed" data-event-ga-action-value="wire_comment_click" data-event-ga-label-value=""
  
  
  aria-label=comment
  
  
  
>
  <svg class="home_comment">
  <use xlink:href="#home_comment"></use>
</svg>

  
  
  
</a>

</div>
            </div>
            <div id="wire-listing-stats-56804" data-load-engagement-count-style-value="listing" data-load-engagement-count-target="stats" data-wire-id="56804" data-position="7800" data-style="listing" data-device-type="desktop"></div>
          </div>
        </div>
      </div>
    </div>
    <div class="flex flex-row-reverse">
        <time datetime="2023-09-04T16:30:14+10:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">September 04, 2023 16:30</time>
    </div>
</div>


      </div>
    </div>
</div>

  </div>
</template></turbo-stream>
  <turbo-stream action="update" target="pagination"><template>
    <a rel="next" href="/hotwired/feeds/latest?cache_prefix=latest_wire&amp;cursor=2023-09-04+16%3A30%3A14+%2B1000&amp;last_position=7800"></a>
</template></turbo-stream>
