S2E12: Wealth Wine & Wisdom: Housing Supply Shock, Insolvency Crisis, and the FANG Market's Monster Returns
Description
Welcome to Wealth Wine and Wisdom, where hosts Fenton and Jason (The Offsider) debrief the week's financial and economic chaos over a glass of wine. This week, the conversation is heated as the duo tackles the spike in Australian insolvencies, noting record highs in the construction and food/accommodation sectors, and the pressure created by rising minimum wages.
In the property market, they analyze the slow pace of new home completions and the New South Wales government's billion-dollar plan to underwrite pre-sales in multi-density dwellings, discussing whether this controversial move can genuinely unlock supply.
The debrief finishes with a look at the stock market. Fenton walks through the dramatic evolution of the S&P 500's top companies from 1990 to today, showcasing the rise of tech giants like Apple and Nvidia. He shares the crushing returns of the FANG index (44.8% annually over the last three years) and makes the case for investing in the "picks and shovels" that support the AI and crypto revolutions, including a look at the Crypto Innovators index.
Tune in for clarity, a compass for the week, and to join the conversation!
United States
