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          <time datetime="2026-02-25T09:24:03+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">February 25, 2026 09:24</time>
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              Investment outlook: Discipline will define returns in 2026
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  From private credit to equities, the focus shifts to resilience, quality and long-term fundamentals
</div>

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            <a class="pre-header-sm lg:pre-header-md uppercase text-primary hover:underline" href="/categories/macro">Macro</a>

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          <time datetime="2026-02-25T08:44:11+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">February 25, 2026 08:44</time>
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              What&#39;s next for US tariffs?
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  What has been announced?The U.S. Supreme Court ruled that tariffs imposed under the International Emergency Economic Powers Act (IEEPA) are unconstitutional. In...
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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%] ">
              Agentic AI is the catalyst. The real money may be in the shovels
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  As agentic AI shifts value from applications to infrastructure, we see compelling opportunities in semiconductor testing, optics and tooling
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        Fawkes Capital Management 
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              The unicorn infrastructure stock with &quot;a secure 5% yield that&#39;s growing&quot;
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  A secure 5% yield, 3–7% dividend growth, minimal operating risk. IML&#39;s Michael O&#39;Neill shares why Dalrymple Bay remains a conviction holding
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Dalrymple Bay Infrastructure Ltd</div>
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              &quot;The biggest driver and the biggest risk&quot; - Woodside’s $19 billion bet
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  Woodside posted record production and a surprise 11% dividend boost, but investor focus must turn to the delivery of its megaprojects. 
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              Everyone&#39;s worried about private credit blowing up. Should they be?
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  PIK-ing apart the understandable concerns around private credit. 
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        Muzinich 
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          <div class="sm:flex-grow">
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              Australian versus US shares: After 16 years of lagging, is the tide turning?
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Is mean reversion about to become the ASX’s best friend? Here’s why Australian shares may be primed for a long-awaited comeback.
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        AMP
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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%] ">
              Is your portfolio too US-centric?
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  How financial advisers and fund managers are managing risks in the US and adjusting their portfolios.
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        Livewire Markets
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              “Big kicker still to come” - Why Forager loves the Cuscal growth story
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  It’s Forager’s largest holding - and after this result, the conviction in Cuscal is only strengthening.
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              4 ASX stocks upgraded to Buy following reporting season
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  Another turbulent reporting season has already thrown up opportunities for investors.
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              Austal dips 10% but surging defence spending makes this pullback look like an opportunity
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  Austal is starting to look attractive after a ~35% dip from January record highs as global defence spending continues to soar.
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.
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              Private credit lets us sleep through ASX reporting season
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  Skip the noise. Enjoy calm and clarity with private credit during the ASX reporting‑season rollercoaster. Boring really is beautiful. 
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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>“An abundance of opportunities” as APA’s $3 billion pipeline targets the AI power <span class="whitespace-nowrap">boom<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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  CEO Adam Watson outlines how capital discipline and energy demand are driving APA’s expansion plans.
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            <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>Buy Hold Sell: Why these advisors are trimming gold (plus two global ETFs they’re <span class="whitespace-nowrap">buying)<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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            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  We put our guests to the test on more of your most-tipped ETFs in this BHS bonus episode.
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            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:ACDC</div>
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            Followed by<span class="font-bold text-gray-700"> 2297 </span>people
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Betashares Asia Technology Tigers ETF</div>
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            Followed by<span class="font-bold text-gray-700"> 1786 </span>people
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            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:FANG</div>
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            Followed by<span class="font-bold text-gray-700"> 130 </span>people
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      +6
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Global X Physical Gold Structured</div>
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      <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-2421">
            Followed by<span class="font-bold text-gray-700"> 175 </span>people
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              3 global stocks loved by top-performing managers
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  The top global funds in recent months haven’t owned the world. They’ve owned a tight cluster of stocks in one specific part of the world.
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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%] ">
              Why the &#39;SaaS-pocalypse&#39; for video games makes some sense
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Short form videos like TikTok are taking mindshare from gaming, with AI amplifying existing concerns.
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        ETF Shares
      </div>
  </div>
</div>

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            </div>
          <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%] ">
              FNArena reporting season monitor: Feb 2026 - Week 3 (150 stocks covered)
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Read on to find the ratings, consensus price targets, and FNArena insights on each stock covered.
</div>

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

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            <a class="pre-header-sm lg:pre-header-md uppercase text-primary hover:underline" href="/reporting-season">Reporting Season</a>

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          <time datetime="2026-02-20T15:52:38+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">February 20, 2026 15:52</time>
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              Rio Tinto – still a commodities giant, but is it getting expensive?
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  RIO Tinto is printing cash as commodity prices surge. But as its share price soars, the risk–reward equation is shifting. Is it still a buy?
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              A case of back to “demand exceeds supply” for Pilbara Minerals
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  Spodumene prices are up over 300%, putting PLS back in the black. But how long can the recovery last – and should you buy, hold, or sell?
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    <div class="h-0 w-full flex justify-center">
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        </div>
      <div class="lg:flex lg:items-center clear-both">
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        Livewire Markets
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>
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</button>


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</a>

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</div>


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</div>

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</template></turbo-stream>
  <turbo-stream action="update" target="pagination"><template>
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