Steward Wealth

28/05/2026

𝐖𝐡𝐚𝐭’𝐬 𝐂𝐚𝐮𝐠𝐡𝐭 𝐎𝐮𝐫 𝐄𝐲𝐞 – 𝟐𝟗𝐭𝐡 𝐌𝐚𝐲 𝟐𝟎𝟐𝟔

This week’s charts highlight the growing role of investors in Australia’s housing market, weak consumer sentiment, and strong US earnings driven by AI. We also look at advances in autonomous driving and some surprising trading activity in the US.

Each week our investment team meets to review global markets and discuss the themes shaping investor sentiment.

21/05/2026

𝗪𝗵𝗮𝘁’𝘀 𝗖𝗮𝘂𝗴𝗵𝘁 𝗢𝘂𝗿 𝗘𝘆𝗲 – 𝟮𝟮𝗻𝗱 𝗠𝗮𝘆 𝟮𝟬𝟮𝟲

This week’s charts highlight rising living costs in Australia, increasing private health insurance premiums, and changing leadership across global markets. We also explore the unexpected impact of GLP-1 drugs on consumer behaviour, and the growing gap between house prices and incomes.

Each week our investment team meets to review global markets and discuss the themes shaping investor sentiment.

17/05/2026

The 2026 Federal Budget introduces major changes across investment, residential property and tax planning.

In our latest update, we summarise the key announcements most relevant to our clients, including changes to:

• Capital Gains Tax
• Negative gearing
• Discretionary trusts
• Small business tax measures

Read the full update here: https://stewardwealth.com.au/2026-federal-budget/

A summary of the 2026 Federal Budget, outlining key tax changes to property, investments and trusts, and what they may mean for your wealth strategy.

14/05/2026

𝗪𝗵𝗮𝘁’𝘀 𝗖𝗮𝘂𝗴𝗵𝘁 𝗢𝘂𝗿 𝗘𝘆𝗲 – 𝟭𝟱𝘁𝗵 𝗠𝗮𝘆 𝟮𝟬𝟮𝟲

This week’s charts highlight the explosive rise in semiconductor shares, the role equities can play as an inflation hedge, and how AI driven spending is creating pressure across the economy. We also look at strong demand for US equities and the growing impact of taxes and charges on Australian housing affordability.

Each week our investment team meets to review global markets and discuss the themes shaping investor sentiment.

07/05/2026

𝗪𝗵𝗮𝘁’𝘀 𝗖𝗮𝘂𝗴𝗵𝘁 𝗢𝘂𝗿 𝗘𝘆𝗲 – 𝟴𝘁𝗵 𝗠𝗮𝘆 𝟮𝟬𝟮𝟲

This week’s charts explore Australia’s lagging share market performance, rising global earnings forecasts driven by AI and geopolitical impacts, and how oil prices have influenced recent inflation. We also look at the rapid global shift toward renewable energy and the extraordinary growth of Apple under Tim Cook.

Each week our investment team meets to review global markets and discuss the themes shaping investor sentiment.

30/04/2026

𝗪𝗵𝗮𝘁’𝘀 𝗖𝗮𝘂𝗴𝗵𝘁 𝗢𝘂𝗿 𝗘𝘆𝗲 - 𝟭𝘀𝘁 𝗠𝗮𝘆 𝟮𝟬𝟮𝟲

This week’s charts look at the odds of positive equity returns, rising US earnings forecasts, and tech’s role in leading markets higher. We also highlight the gap between Chinese and US tech valuations, and how oil impacts economies differently, particularly in Australia.

Each week our investment team meets to review global markets and discuss the themes shaping investor sentiment.

28/04/2026

𝗪𝗵𝘆 𝗱𝗶𝗱𝗻’𝘁 𝘁𝗵𝗲 𝘀𝘁𝗼𝗰𝗸 𝗺𝗮𝗿𝗸𝗲𝘁 𝗳𝗮𝗹𝗹 𝗳𝘂𝗿𝘁𝗵𝗲𝗿 𝗱𝗲𝘀𝗽𝗶𝘁𝗲 𝗺𝗮𝗷𝗼𝗿 𝗴𝗲𝗼𝗽𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝘀𝗵𝗼𝗰𝗸𝘀?

While headlines pointed to significant global disruption, markets held up better than expected and have since rebounded strongly.

This article explores the forces behind that resilience — from earnings growth and valuations to the impact of the AI investment cycle.

https://stewardwealth.com.au/why-didnt-the-stock-market-fall-further/

Despite major geopolitical shocks and fears of global disruption, markets held up far better than expected. This article explores the forces that helped support prices, from earnings to AI-driven investment.

23/04/2026

𝗪𝗵𝗮𝘁’𝘀 𝗖𝗮𝘂𝗴𝗵𝘁 𝗢𝘂𝗿 𝗘𝘆𝗲 – 𝟮𝟰𝘁𝗵 𝗔𝗽𝗿𝗶𝗹 𝟮𝟬𝟮𝟲

This week’s charts highlight falling confidence in Australia, rising demand for gold, and the potential for AI to drive productivity growth. We also look at the rapid rise of leading AI companies and the shift in global reserves as China reduces its exposure to US Treasuries.

Each week our investment team meets to review global markets and discuss the themes shaping investor sentiment.

16/04/2026

𝗪𝗵𝗮𝘁’𝘀 𝗖𝗮𝘂𝗴𝗵𝘁 𝗢𝘂𝗿 𝗘𝘆𝗲 – 𝟭𝟳𝘁𝗵 𝗔𝗽𝗿𝗶𝗹 𝟮𝟬𝟮𝟲

This week’s charts highlight a market bounce on ceasefire expectations, the impact of the Magnificent 7 on US market performance, and the role of sentiment in recent declines. We also look at valuation gaps in Australia, very low US consumer sentiment, and rising construction costs.

Each week our investment team meets to review global markets and discuss the themes shaping investor sentiment.

09/04/2026

𝗪𝗵𝗮𝘁’𝘀 𝗖𝗮𝘂𝗴𝗵𝘁 𝗢𝘂𝗿 𝗘𝘆𝗲 – 𝟭𝟬𝘁𝗵 𝗔𝗽𝗿𝗶𝗹 𝟮𝟬𝟮𝟲

This week’s charts highlight lower petrol margins in Australia, sluggish productivity driven growth, very negative sentiment in the US, and expectations for falling oil prices. We also look at how recent market declines have been driven by sentiment rather than earnings.

Each week our investment team meets to review global markets and discuss the themes shaping investor sentiment.