Rising inflation, lifting interest rates, stock market tumbles, the likelihood of a recession or perhaps a stagflation… Needless to say, current economic trends are troubling investors and their advisers.
As such, ifa editor Maja invited Shane Oliver on the show to objectively evaluate our current economic predicament.
Dr Oliver talks about why a recession can be avoided and shares his outlook for interest rates. He explains why he takes Philip Lowe’s recession comments with a grain of salt and offers his view of the performance of the Reserve Bank, reflecting on its recent stubbornness on what would become an embarrassing error on 2024 rate rise.
Dr Oliver provides some handy tips to scorched investors and explains why the best outcome for share markets would be a sharp slowdown in economic data.
