Global sharemarkets have plunged following the US midterm elections, with the Dow Jones falling 3.5 per cent and the Nasdaq sliding 5.5 per cent into correction territory. But Australia's ASX 200 has held up comparatively well.
SBS Finance Editor Ricardo Gonçalves speaks with Omkar Joshi, Chief Investment Officer at Opal Capital Management, about what's driving the sell-off, concerns surrounding AI valuations and where investors might find opportunities.
Plus, Macquarie Group CEO Shemara Wikramanayake delivers her final financial results before stepping down after eight years at the helm and nearly 40 years with the bank. SBS's Tom Kennedy spoke with her at the bank's results briefing.
SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.
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