Shares around record highs as inflation slides, central banks cut rates and China stimulates – but what about the Israel/Iran conflict & other risks?
August and September are often weak months but despite a few wobbles US, global and Australian shares rose to record highs. And consistent with the “risk on” sentiment metal prices, gold and the $A are up and the $US has fallen. The key drivers have been central banks cutting rates as inflation falls, still reasonable global growth and news of aggressive stimulus in China. But what are the risks and why is the RBA lagging on rates?
Oliver's Insights | Edition 27
Read the completed update here.
