The information in these articles is current as at 1 July 2023.
Welcome to our latest Economic and Market Outlook – July 2023.
This edition covers the following topics:
Inflation remains to be on topic across the global economy. In both the US and Eurozone, interest rates are at their highest point since the global financial crisis, while in China, the opposite problem of deflation is emerging. Read more for an update on the global economy.
The cash rate in Australia has risen significantly due to several factors, contradicting what was forecasted by the RBA Governor two years ago. The impacts of rising interest rates on economic activity can now be clearly seen but what will happen next when there is a fine line between reducing inflation and avoiding a recession? Find out our views as we take a closer look at the Australian economy.
Outlook and sector view for Australian equities
Australian equities performed well over the last year but increasing signs are emerging of a more challenging period ahead as higher interest rates begin to have a greater impact on our economy. Read on as we uncover sector views and recommendations for banks, resources, retail and Australian Real Estate Investment Trusts.
Outlook for international equities
The outlook for international equities remains challenging as numerous headwinds remain apparent with the fight against inflation and loftier valuations persisting as key concerns. Find out the implications of these as we discuss our outlook and recommendation for international equities.