The Jamaican government just revealed a $100 billion budget, nearly double last year's capital expenditure, and $30 billion is earmarked for Hurricane Melissa reconstruction alone. Dr. Matthew Preston and Dr. Thaon Simms break down which construction stocks stand to benefit, why $21 billion in new pension fund capital is about to flow into private companies, and how the JSE's new stock market sandbox launching April 17th could trigger a wave of new listings.  Chapters: 00:00 Introduction 01:0...

Limitless

Matthew Preston & Thaon Simms

Jamaica's $100 Billion Budget: The JSE Stocks That Win Big

MAR 27, 202670 MIN
Limitless

Jamaica's $100 Billion Budget: The JSE Stocks That Win Big

MAR 27, 202670 MIN

Description

The Jamaican government just revealed a $100 billion budget, nearly double last year's capital expenditure, and $30 billion is earmarked for Hurricane Melissa reconstruction alone. Dr. Matthew Preston and Dr. Thaon Simms break down which construction stocks stand to benefit, why $21 billion in new pension fund capital is about to flow into private companies, and how the JSE's new stock market sandbox launching April 17th could trigger a wave of new listings.Chapters:00:00 Introduction01:01 Why the Government Is Running a Deficit04:00 The $100 Billion Capital Expenditure Plan08:00 Construction Spending Nearly Doubles12:00 How $30 Billion Hurricane Melissa Contingency Gets Spent16:00 Pension Fund Reform: Private Equity Cap Rising to 7.5%22:00 $21 Billion in New Capital for Private Companies26:00 JSE Stock Market Sandbox Launching April 17th30:00 25 Companies Already Lined Up for Listing34:00 Which Listed Companies Manage the Pensions38:00 The NHT Housing Debate42:00 What This Means for JSE Investors🎧 Listen to more episodes: https://limitlesspodcast.buzzsprout.com🐥 Follow us on Twitter: https://twitter.com/Limitless_pod📷 Instagram: https://www.instagram.com/limitless_pod/💲 Get exclusive insights: https://bit.ly/Limitless-MMJA-Discount💝 Support the podcast: https://www.buzzsprout.com/1971039/support📧 Email us: [email protected]👍 If you enjoyed this episode, please like, subscribe, and share with someone building their JSE portfolio!❓ $100 billion in government spending, $21 billion in new pension capital, and a JSE sandbox for new listings. Which opportunity excites you most? Drop your answer in the comments!⚠️ Disclaimer: The opinions expressed in this podcast are solely those of the hosts and do not constitute financial advice. We may own shares in any of the companies discussed on this podcast. Please consult a financial advisor before making any investment decisions.Send us Fan MailSupport the show