Powered by MOMENTUM MEDIA
investor daily logo

Markets

markets

30 May 2023 • By Charbel Kadib • 1 min read

Treasury yet to ‘wargame’ stagflation scenario, downplays risks

The department has not stress tested a stagflation scenario, the Treasury secretary has told the Senate, despite persistently high inflation and a ...

READ MORE
icon

‘Short and shallow’ recession on the way: Macquarie

The head of wealth management investment strategy at Macquarie has outlined the firm’s expectations for a recession later this year. Macquarie has ...

READ MORE
icon

Short reports get a ‘bad rap’

A portfolio manager has said that short selling reports get a “bad rap”. Speaking at the Stockbrokers and Investment Advisers Association (SIAA) ...

READ MORE
icon

Deglobalisation may keep inflation higher for longer

The chief investment officer (CIO) of one of Australia’s largest financial services groups has warned investors about the shift away from ...

READ MORE
icon

Fiscal stimulus not inflationary, tough times ahead: Treasury

The Treasury secretary has rejected claims the government is contributing to inflationary pressures, stressing economic risks are “clearly two-sided”

READ MORE
icon

Magellan CEO says move away from ‘entrepreneurial attachments’ is key for future growth

Since being appointed last year, Mr George has been instrumental in shaking things up at Magellan and helping it move away from its “entrepreneurial” ...

READ MORE
icon

US income data dents hopes of rate pause

Further hikes to interest rates may be on the cards, with the latest US spending data pointing to continued household resilience. The battle ...

READ MORE
icon

ASX bounces back as White House, Republicans strike debt ceiling deal

An ‘in-principle’ agreement has been struck between the White House and Republican leaders, renewing confidence in the equities market

READ MORE
icon

Will the Reserve Bank tip Australia into a recession?

The RBA is at risk of “overdoing it” and potentially triggering a recession in Australia if it keeps its foot on the accelerator, according to one ...

READ MORE
icon

AMP appoints new CFO, announces ‘simplified structure’

AMP has confirmed its decision to dissolve its wealth management business. In a statement on Monday, AMP announced that its Australian wealth ...

READ MORE