The Daily Aus How the falling stock markets affect you
Aug 6, 2024
Greg Jericho, Chief Economist at the Australia Institute, dives into the recent turmoil in stock markets, triggered by rising U.S. unemployment. As Australia feels the pinch, he explains how these global shifts impact local consumers and investors. The discussion highlights the delicate link between American economic health and Australia's market stability, as fears of a recession loom large. Jericho also sheds light on what the Reserve Bank's decisions mean for future investments and overall economic confidence.
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