Dec 12, 2023
Welcome back to another episode of the 360 Money Matters Podcast! We are back again with our monthly ‘Market Wrap’ segment.
In this episode, we're diving into the recent inflation data in the US and the impact that this has had on the stock market as well as the interest rate expectations for next year. Unemployment in Australia has also been a big talking point and we will look into some of the details that surround this, rather than just the headline unemployment number. The rise in wages is partly attributed to EBAs for government workers. Nonetheless, it remains to be seen if this trend will persist beyond the initial spike.
Tune in to our latest episode for a comprehensive market wrap. Don't miss out on the insights shaping the economic landscape!
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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of AMP Financial Planning – AFSL 232706
Episode Highlights
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Data coming out of the US related to inflation and market reaction
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The Australian market and its reaction to the US data
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Positive market reaction and the increase in share market returns
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The unemployment rate in Australia
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Increase in youth unemployment
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Acceleration of wages and the factors contributing to it
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Property market and its outlook
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Importance of considering cash flow and budget impacts
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