In this week’s “2 Sense” episode, Owen and Mitchell lean into the chaos of the current market. From the geopolitical ripples of the Iran conflict to the surprisingly high cost of plastic piping, we’re tracing the “butterfly effect” of oil through the ASX. Plus, Owen returns from Vietnam with some eerie travel tales, and we check in on the ever-evolving saga of Richard White and WiseTech.
Inside this episode:
- The Global Oil Squeeze: With the war in Iran showing no signs of de-escalating, we look at the unintended consequences. It’s not just at the bowser; we dive into Reece Ltd (ASX: REH) and how the rising cost of oil-derived materials is forcing a price hike on PVC piping.
- EV Smugness: While the rest of the country groans at $2.50+ fuel prices, Owen takes a literal victory lap in his Tesla.
- SpaceX IPO & To The Moon: A rare glimmer of optimism! We discuss what SpaceX actually does, how it makes money and it’s listing will provide investors with the worlds most unique monopoly.
- The Falling Knife ETF: Our crusade continues! We’re still trying to get Drew’s “Falling Knife ETF” into production. Marc Jocum from Global X takes us through what we need to do to get it made.
- WiseTech & The $40 Floor: Richard White is back in the headlines. With WiseTech (ASX: WTC) shares dipping below the $40 mark, we ask the hard question: will shareholders remain loyal to the founder now the capital gains have evaporated?
- Postcards from Vietnam: Owen shares his recent trip to Vietnam and his observations of the “ghost resorts”.
- Listener Questions: Keep ’em coming!
