AI, Inflation and a record IPO: Decoding the ASX reporting season

Source: https://www.podbean.com/eau/pb-rdmwg-... What did the latest reporting season reveal about the state of the Australian share market, and could the ASX's potentially biggest IPO in decades, Firmus Technologies, reshape the picture? In this episode of In The Know, Magellan’s Head of Distribution, Mark Burgess, is joined by Ray David, Portfolio Manager, and David Meehan, Investment Analyst, from Airlie Funds Management to unpack the results and the forces shaping the ASX. They breakdown why Airlie remains cautious on the banks, the companies that stood out for the right, and wrong reasons, and where market reactions may be creating opportunities for long-term investors. They also explore the impact of the global AI capital cycle, persistent inflation and higher interest rates, and whether the shifts seen this reporting season represent something more enduring than short-term market noise.