• IWP - Market Update - June 2024

  • Jun 27 2024
  • Length: 30 mins
  • Podcast

IWP - Market Update - June 2024

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  • Summary

  • June 2024 Summary:

    This month Shane and Chris walk through the months market and economic events:

    1. Unexpected rise in Australian unemployment (4.10% versus expected 3.9%)
    2. 2024 Federal Budget – was it a net positive or negative for inflation?
    3. Interest rates – both here in Australia and in the US
      • Australia - Bullock stating that the RBA will target a gradual approach as they want to maintain strong jobs
      • US – Economy looks to be slowing – e.g. Jobs Openings data overnight

    Link to youTube - https://www.youtube.com/watch?v=7fQse_tgRLA

    Link to the Monthly Update Slide Deck - https://tinyurl.com/25mqj5zp
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