Investing

“Consumers are being squeezed by high inflation, rising interest rates and tighter credit. These intense pressures may cause a global recession in the coming year. Yet global share markets have delivered very strong returns for the last financial year. Global share gains appear to be reflecting hopes that any economic downturn should be brief as well as the promise of ‘Artificial Intelligence’ (AI).”

The “painful squeeze” for Australian consumers.

Key events in May 2023 Global shares slipped in May with a mixed performance across countries and sectors. Signs of softer economic activity, persistent inflation