Investment memo: What is really going on in the economy, inside the current state of markets

Explore your curiosity with Elise Kennedy, who leads the Australian equity research team covering tech and internet stocks at the investment bank, Jarden. I really wanted to have Elise on because equity markets, inflation, interest rates, and the general economy are a hot topic of interest.

Learn about the status of current markets and why we’re in this position, how are companies rated as under or over valued, the role of M&A and leveraged buyouts during volatility, geographical impact, tourist investors perhaps exiting the market and more. 

Please enjoy! 

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TIMESTAMPS

01:46 - Elise’ path into investment banking

02:56 - Life as an associate

03:52 - Life now as Vice President

04:32 - Perception vs reality of titles like Managing Director

05:15 - Overview of current markets (public and private)

07:18 - Tech companies seeing sell offs despite strong fundamentals

09:09 - How do investment banks rate a stock as under or overvalued?

11:55 - Tech pull back vs broader economy

14:12 - Inflation impact on the consumer

16:07 - Geographical impact and correlation between Australia and the US

18:18 - Does Elise’ role change in an up vs down market

19:29 - The role of M&A and leveraged buyouts in volatility

21:32 - Opportunities for VC’s deploying capital at better valuations

23:51 - “Tourist” investors leaving the market

25:14 - Super funds tightening capital allocation

26:56 - Cross over funds requiring re-alignment of exposure

27:36 - Metrics of EBITDA, Price to earnings ratio, CAGR

29:09 - Filtering through speculation

32:30 - Structuring work week and reports Elise reads

34:05 - Elise using her recreational pilots license to switch off

36:00 - Personal areas of investment interest