Talk Money To Me

Why aren't stock markets crashing despite higher interest rates, stubborn inflation, rising government debt and global uncertainty?In this episode of Talk Money To Me, recorded on 13 October 2026, host Felicity Thomas explores the latest global investment outlook from UBS and why share markets have remained surprisingly resilient despite significant economic headwinds.With US bond yields climbing, the Federal Reserve facing difficult interest rate decisions and enormous investment flowing into artificial intelligence, investors are navigating a rapidly changing financial landscape.Is the AI boom helping sustain global markets, or could the extraordinary spending required to support it create the next major financial risk?Drawing on insights from UBS's global strategy team, Felicity breaks down:📈 Stock Market Outlook: Why the S&P 500 and global equities have remained resilient despite higher interest rates, and how strong corporate earnings are supporting valuations.🏦 Interest Rates & Inflation: UBS's outlook for the Federal Reserve, US Treasury yields and whether the bond market sell-off may be approaching its peak.🤖 The AI Investment Boom: How artificial intelligence, semiconductors, data centres, nuclear energy and infrastructure investment are driving economic growth.⚡ AI's Hidden Financing Risks: Why enormous capital expenditure and corporate borrowing could create vulnerabilities in bond and credit markets.🌍 Global Investment Opportunities: The outlook for European equities, banks, Japan and emerging markets, including semiconductor opportunities across Korea and Taiwan.🥇 Gold & the US Dollar: Why UBS remains constructive on both assets despite global economic uncertainty.💰 Government Debt & Private Credit: The risks associated with rising debt-servicing costs, higher borrowing rates and weaker corporate borrowers.Felicity also explores investment themes involving Microsoft, Nvidia, Applied Materials, Vertiv, Constellation Energy and ASML, highlighting why companies with strong earnings, healthy balance sheets and exposure to critical AI infrastructure may be better positioned.The big takeaway? Higher interest rates are reshaping financial markets, but resilient corporate earnings and structural investment in AI continue to support economic growth. The next phase of the market may increasingly reward quality, profitability and selectivity.🎧 Subscribe to Talk Money To Me for investment insights, stock market analysis and discussions on the trends shaping global financial markets.Recorded: 13 October 2026. All market data, forecasts and commentary reflect information available at the time of recording.Important DisclaimerTalk Money To Me is hosted by Felicity Thomas of Shaw and Partners.This podcast contains general information and general financial product advice only. It does not take into account your individual objectives, financial situation or needs.Any securities, companies, funds or investment strategies discussed are for general information and educational purposes only and do not constitute personal financial advice or recommendations to buy, sell or hold investments.Before making investment decisions, consider your personal circumstances, relevant disclosure documents and seek professional financial advice where appropriate.All investments involve risk, including the potential loss of capital. Past performance is not a reliable indicator of future performance.Market forecasts, estimates and views attributed to UBS reflect information available as at 13 October 2026, are subject to change and are not guarantees of future performance. These views do not necessarily represent those of Shaw and Partners.#TalkMoneyToMe #StockMarket #AIBoom #Investing #InterestRates #UBS #ArtificialIntelligence #MarketOutlook #Semiconductors #FelicityThomas #ShawAndPartners

+30% in 30 Days! 2 Stocks Candice is Buying Next Is there still upside in AI stocks after a 30% rally? And where are the best investment opportunities for the remainder of 2026?In this episode of Talk Money To Me, Candice Bourke returns with another edition of Candice's Order Pad, reviewing global market performance, revisiting a standout AI investment and revealing TWO new stock BUY recommendations.What's covered in this episode:📈 2026 Market Performance: Winners & LosersCandice compares the S&P 500, Nasdaq, ASX 200, emerging markets and global equities, exploring which asset classes are outperforming and why value stocks have been gaining momentum against growth stocks.🚀 Applied Materials (NASDAQ: AMAT): Up 30% in 30 Days!After highlighting AMAT on 4 September, Candice revisits the semiconductor equipment giant following its extraordinary rally. She examines its latest earnings, AI chip demand, advanced packaging opportunities and growth outlook. With a 12-month price target of US$668, find out why AMAT remains on her BUY list.👶 A Special Double BUY Order Pad!To celebrate welcoming her twin boys, Lincoln and Hudson, Candice is sharing TWO investment opportunities offering very different exposures.BUY #1: Astera Labs (NASDAQ: ALAB) – AI Infrastructure GrowthAstera Labs is positioned at the centre of the AI infrastructure boom. Candice explores its accelerating revenue growth, advanced connectivity technology and exposure to hyperscaler spending as global demand for AI computing and data centres continues to expand.BUY #2: Charter Hall Social Infrastructure REIT (ASX: CQE) – Defensive Income & GrowthMoving from AI growth to income, Candice examines this Australian REIT's portfolio of essential social infrastructure assets, including childcare, healthcare and education facilities. With long-term leases, attractive distributions and a discount to net tangible asset value, could CQE offer an opportunity for income and capital growth?Two BUYs. Two investment styles. One goal: building long-term wealth.Whether you're investing in US technology, Australian shares, ETFs or income-producing assets, this episode explores the importance of diversification, valuations and identifying long-term investment opportunities.🎧 Tune in to discover what's on Candice's Order Pad!Important Information & DisclaimerThis podcast provides general information only and does not constitute personal financial advice. It has been prepared without considering your individual objectives, financial situation or needs. Before making investment decisions, consider whether the information is appropriate for your circumstances and seek professional financial advice where appropriate. Opinions, forecasts, recommendations and price targets reflect the presenters' views and stated research analyst at the time of recording and may change without notice. Price targets are estimates, not guarantees. All investments involve risk, including potential loss of capital. Past performance is not a reliable indicator of future performance. Returns and distributions are not guaranteed. References to securities or investment products are for general discussion only and should not be interpreted as personal recommendations to buy, hold or sell. Shaw and Partners Limited and/or its representatives may have interests in, or provide services to, entities discussed. Consider relevant disclosures and product documentation before investing. Shaw and Partners Limited | ABN 24 003 221 583 | AFSL 236048🎙️ Follow Talk Money To Me on Spotify, Apple Podcasts and your favourite podcast platform for more market insights and investment ideas.#TalkMoneyToMe #CandicesOrderPad #Investing #AMAT #AppliedMaterials #AsteraLabs #ALAB #CharterHall #CQE #AIStocks #Semiconductors #ASX #NASDAQ #DividendInvesting

What does it really take to pick the next billion-dollar company and what separates a great idea from a great investment?In this episode of Talk Money To Me, Felicity Thomas and Candice Bourke sit down with Dr Michelle Deaker, Founding and Managing Partner of OneVentures, for an inside look at the world of venture capital, Australian startups and investing in high-growth companies.Michelle brings a rare perspective to venture capital. Before becoming an investor, she was a technology entrepreneur herself, giving her experience on both sides of the table raising capital as a founder and later deciding which founders and businesses are worth backing.Since founding OneVentures in 2010, Michelle has helped grow the firm to more than $1 billion in funds under management, investing across technology, healthcare, growth equity and venture credit.In this episode, we discuss:• What venture capital actually is and why everyday investors should understand it• How VC differs from investing in listed shares• Liquidity, investment timeframes and the risks investors need to understand• How Australia’s venture capital market has evolved since 2010• The investment themes and technologies attracting attention today• Whether venture capital really is about finding the “next unicorn”• How much of successful VC investing comes down to the technology versus the founder• What Michelle looks for when a founder walks into the room — and the red flags that can stop an investment• What investors should realistically expect from venture capital returns• The characteristics shared by some of the most successful companies Michelle has backed• Michelle’s work supporting women in venture capital and the role of WinVCIt’s a fascinating look behind the curtain of venture capital from identifying emerging technologies and backing exceptional founders to understanding risk, liquidity and the long journey required to turn an ambitious idea into a valuable business.If you want to better understand venture capital, startup investing, private markets and how professional investors search for the companies that could shape the next decade, this episode is for you.Follow or subscribe to Talk Money To Me wherever you get your podcasts.GENERAL ADVICE WARNING & DISCLAIMERThe information discussed on Talk Money To Me is general information only and does not take into account your individual objectives, financial situation or needs. Before acting on any information discussed in this podcast, you should consider whether it is appropriate for your circumstances and seek professional advice where appropriate.Investing involves risk, including the potential loss of capital, and past performance is not a reliable indicator of future performance. The views expressed by guests are their own and do not necessarily represent the views of Shaw and Partners.Any companies, investments, sectors or investment strategies discussed are for general informational purposes only and should not be considered a recommendation to buy, sell or hold any particular investment.Information discussed in this episode is based on facts and circumstances known at the time of recording on 16 September 2026.

Is Texas Instruments (NASDAQ: TXN) one of the overlooked opportunities in the semiconductor and AI boom?In this episode of OrderPad, Felicity takes a closer look at Texas Instruments one of the world’s largest analog semiconductor companies and why the next phase of the semiconductor cycle could be particularly interesting for investors.While Nvidia and the major AI chipmakers dominate the headlines, Texas Instruments operates deeper within the semiconductor ecosystem, providing analog and embedded-processing technology used across AI data centres, industrial automation, automotive, power management and thousands of electronic applications.We unpack the improving semiconductor cycle, TI’s significant investment in 300mm manufacturing capacity and why moderating capital expenditure could potentially drive a major free-cash-flow inflection.Felicity also explores the recent UBS investment thesis on Texas Instruments, including its US$380 price target and expectations for stronger earnings and free cash flow as the analog cycle recovers.But there’s also a fascinating Australian connection: Weebit Nano (ASX: WBT).Texas Instruments has licensed Weebit Nano’s ReRAM non-volatile memory technology for integration into TI process technologies for embedded-processing applications.Importantly, TI has not yet completed qualification of Weebit’s technology. Technology transfer is progressing, with the potential commercial pathway being:Licence → Technology Transfer → Qualification → Product Tape-Out → Production → RoyaltiesWe also discuss the latest developments at Weebit Nano, including its broader customer pipeline, successful customer tape-outs, functional silicon, its relationship with onsemi and what investors should watch as WBT works towards production royalties.In this episode: Texas Instruments and the analog semiconductor recovery; AI and data-centre demand; TI’s manufacturing and free-cash-flow opportunity; the UBS US$380 price target; Weebit Nano and ReRAM; the TXN/WBT relationship; and the key catalysts and risks ahead.Tickers discussed: NASDAQ: TXN | ASX: WBTDisclaimerThe information in this episode is general information only and does not take into account your personal objectives, financial situation or needs. It is not personal financial advice or a recommendation to buy, sell or hold any security. Please conduct your own research and consider seeking professional financial advice before making an investment decision.Views expressed by Felicity are her personal views based on publicly available information, third-party research and her own research. This content is not Shaw and Partners research and has not been prepared, reviewed or approved by Shaw and Partners. Nothing in this episode should be taken as representing the research, recommendations or views of Shaw and Partners.Any third-party forecasts, valuations or price targets discussed, including UBS research, represent the views of those third parties and are not Felicity’s own forecasts. Investing involves risk and past performance is not a reliable indicator of future performance. Recorded 22nd September 2026 with all facts known at the time of recording.

What is the market missing and where are the opportunities emerging on the ASX?In this episode of Talk Money To Me, Candice Bourke and Felicity Thomas sit down with Julia Weng, Lead Portfolio Manager at Paradice Investment Management, to unpack what the latest reporting season revealed about corporate Australia and the outlook for Australian equities.Julia takes us inside the thinking of a fundamental fund manager looking beyond headline earnings to understand cash flows, balance-sheet strength, management quality and, importantly, what the market may be getting wrong.We explore Australia’s emerging two-speed economy, where household conditions remain relatively subdued while corporate capital expenditure continues to accelerate, and discuss what employment, household savings, housing activity and business investment are telling us about the health of the economy.We also dig into some of the biggest investment themes facing ASX investors right now, including:Australian banks — have valuations moved too far ahead of the fundamentals, and what has really been driving the sector higher?AI and Australian equities — are companies actually seeing productivity and earnings benefits from artificial intelligence, or is the investment case still largely based on promise?REA Group, CAR Group and SEEK — could AI disrupt these businesses, or does their proprietary data actually become more valuable in an AI-driven world?Healthcare and former market darlings — how do you distinguish between a genuine buying opportunity and a company that deserves to trade at a lower valuation?WiseTech Global — what would Julia need to see before becoming more constructive on the stock?AG — why Julia sees the insurer as a particularly interesting exposure within the Australian market.Xero — and why Paradice remains constructive on the company's competitive position.Julia also walks us through the Paradice investment process, including how the team decides when to buy and sell, the few things that really matter when analysing a company, and the question at the heart of their stock selection process: what could the market be missing?The Paradice Australian Equities Fund typically holds 30–50 companies from the S&P/ASX 300, with its investment process focused on management, current and future cash flows and balance-sheet quality. As at 31 August 2026, the Fund had returned 10.34% p.a. net of fees since inception versus 9.20% p.a. for the S&P/ASX 200 Total Return Index, an outperformance of 1.14% p.a.If you invest in Australian shares, ASX companies or managed funds, or simply want to understand what professional investors are seeing beneath the surface of the market, this is an episode you won't want to miss.DISCLAIMERThe information discussed in this podcast is general in nature and does not constitute personal financial advice or a financial product. Although Candice Bourke and Felicity Thomas are registered Financial Advisers at Shaw and Partners, the content discussed does not take into account your personal objectives, financial situation or needs. You should seek appropriate professional advice before making any financial decisions.Any views or opinions expressed by our guest are their own and should not be taken as personal financial advice or a recommendation to buy or sell any particular investment. Past performance is not a reliable indicator of future performance. Facts and information discussed in this episode are based on information available at the time of recording, 14 September 2026.Talk Money To Me is hosted by Candice Bourke and Felicity Thomas of Shaw and Partners.To learn more about our investment and financial solutions, or to discuss the Paradice Australian Equities Fund, contact us at cftgroup@shawandpartners.com.au.#TalkMoneyToMe #AustralianEquities #ASX #AustralianShares #Investing #ReportingSeason #AI #ArtificialIntelligence #Paradice #FundManager #PortfolioManagement #AustralianEconomy #WiseTech #IAG #Xero #ASX200

Candice is back on Talk Money To Me after a short break from the podcast, having welcomed her beautiful twin boys!And she’s returning with a high conviction BUY for the Order Pad. In this episode, Candice is bullish on Applied Materials (NASDAQ: AMAT), one of the world’s leading semiconductor equipment companies and a lesser-known way to gain exposure to the enormous investment taking place across AI and advanced computing.While Nvidia designs many of the chips powering the AI revolution, companies still need increasingly sophisticated equipment to manufacture them. That’s where Applied Materials comes in. Candice breaks down why rising demand for AI, high-bandwidth memory (HBM), advanced logic and advanced packaging could create a powerful long-term growth opportunity for AMAT, and why she views the company as a classic “picks and shovels” play on the AI boom. She also digs into Applied Materials’ record financial results, the outlook for 2027, the risks investors need to consider and why UBS’s US$675 price target supports the bullish investment case. DisclaimerThe information in this podcast is general in nature and does not constitute personal financial advice. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for your circumstances and seek professional financial advice where appropriate.Where financial products are discussed, you should consider the relevant Product Disclosure Statement or other applicable disclosure document before making an investment decision. Views and opinions expressed by the host or guest are their own at the time of recording and may change. References to companies, securities, sectors or investment strategies are for general information only and should not be considered a recommendation to buy, sell or hold any investment.Investing involves risk, including potential loss of capital. Past performance is not a reliable indicator of future performance. Everything is based on facts known at the time of recording 1st September 2026.