Freedonomix

IWP - Market Update - June 2024


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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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FreedonomixBy Independent Wealth Partners