August 2025 Economic & Market Review – Small Caps Surge, Earnings Shine, and Policy Paths Diverge
Talking points
- Markets climbed even through political drama: Despite weak US labour data, Trump’s firing of the Bureau of Labour Statistics chief, and tariff tensions—equity markets posted strong returns.
- Small caps stole the spotlight: In the US, the S&P 600 surged 6.9% on strong earnings, outpacing large-cap benchmarks. In Australia, the Small Ordinaries index


July 2025 Economic & Market Review – Stocks Climb, Inflation Eases, and Tariffs Hit Copper
1. US stocks kept climbing: July marked another winning month for US markets, with the S&P 500 and Nasdaq both hitting record highs. Low volatility and strong early earnings gave investors confidence.
2. Australian shares started the year strong: The ASX 200 gained 2.4% in July, led by...
June 2025 Economic & Market Review – Strong Markets, Softer Data, and Cautious Central Banks
Talking points
- Stocks hit new highs, even with global tensions: Despite a brief war between Iran and Israel, global stock markets moved higher. Signs of easing trade tensions and improving inflation gave investors reasons to stay optimistic.
- Tech led the rally—again: US markets had a

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Podcasts
Our weekly audio guide to making the most of your money and investing. Listen to the Wealth Collective podcast on your favourite service including Spotify, Apple Podcasts and Google Podcasts.
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Financial red flags for a relationship – Episode 127
In this weeks episode, Pete Pennicott and Zac Masters from Pekada take a look at a few financial red flags for a relationship. They look at what these canListen Here -
Investing in a bear market – Episode 126
We’re back! On this episode Pete Pennicott & Zac Masters discuss what is happening in the world at the moment with the US entering a bear market. They alsoListen Here -
Top 10 Financial Planning Jargon Terms – Episode 125
On this episode Zac Masters & Anthony Malvaso unpack the top ten financial planning jargon terms.Listen Here