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 talked about post-US election market impacts. We start off with the positive response of the U.S. stock market, which reached all-time highs, and discuss the soft economic landing, resilient labor market, and potential inflation concerns if certain policies are enacted. We'll also talk about challenges in Europe, where deflation concerns may lead to lower interest rates, and China's focus on boosting domestic demand to meet growth targets, which has implications for the Australian resource sector.

Additionally, in Australia, the Reserve Bank has kept interest rates unchanged, despite inflation tracking within the target range. The Australian market has shown moderate growth, while the tight labor market and cost-of-living pressures impact retail sales, which are growing below average levels.

Tune in to hear about the latest economic shifts post-US election, inflation impacts, and what's happening in key markets across the globe. Get the full scoop on how these trends might affect you and your finances—listen now!

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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

• US market update

• European Central Bank considering reducing interest rates below neutral

• China's economic strategy

• ASX200 up 0.25% for the month

• Consumer spending subdued due to cost of living pressures

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