The Mentor with Mark Bouris cover image

#343 Bonus: Is the US heading into a recession? Economist Stephen Koukoulas

The Mentor with Mark Bouris

00:00

Commodity Price Index

The US Fed funds rate, the same as our cash rates, three and a half per cent more than else. Australia's economy is on the edge of recession but stock markets are tanking too. The people are losing wealth. They're losing the shirt off their back almost. So I'd have international as steady and maybe inching towards a reduction. Commodity prices were your only indicator. Your only indicator of the economy would say, gee, if you're for Australia, we're heading for a tough 2023 because iron ore's below $100 a ton. Oil prices below 80 US dollars a barrel. Copper prices are falling,. even our agricultural product prices are starting to come

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app