Global equities stage as one of the fastest V-shaped recoveries on record, with the S&P 500 erasing a 10% drawdown.

David Leon joined ausbiz  to unpack why the recent market rebound may be masking a softer Australian economic outlook. While global equities have recovered quickly, led by stronger US market performance, David noted that Australia continues to face a more challenging backdrop. Sticky inflation, limited scope for meaningful rate cuts, a weaker Australian dollar and growing pressure from data centre energy demand are all adding complexity to the outlook. His key message was that investors should remain invested, but stay disciplined, selective and mindful of the risks beneath the surface.

 

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