Hey there! Welcome back to another episode of the 360 Money Matters Podcast! We’re here with our monthly ‘Market Wrap’ segment.
In this episode, we’re talking about the recent inflation data in the US and how it’s affecting the Australian inflation rate and stock market. Plus, we’ll discuss what’s happening with interest rates for next year.
We’re also digging into the unemployment rate in Australia and what’s behind the numbers. We’ll take a closer look at why wages are going up, especially for government workers. But we’re wondering if this trend will stick around for long.
Join us for our latest episode to get all the details on what’s happening in the economy!
–
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
- Inflation data and market response from the US
- How the Australian market reacted to the US data
- Positive market response and rising share market returns
- Unemployment rate in Australia
- Rise in youth unemployment
- Increase in wages and the reasons behind it
- Outlook on the property market
- The importance of considering cash flow and budget impact
