Mo Money #269 Money news in human words; FTX collapse, rates to 6.6%, market surge & US inflation
In this week's Money news in human words, I unpacked what's going on in the headlines so that you'll know what it means for your money and investments. I've covered the share market surge we've seen in the last week, some favourable US inflation data, how the NASDAQ closed the week up almost 10% in just two days, and what it means for investors at the end of the year.
Also, I talked about home loans peaking at 6.6% in Australia based on our inflation data, how mortgage owners can prepare, how the super-rich buy a property and the option for stamp duty versus land tax for first home buyers as well as covering in detail the FTX collapse and how investors have been left holding a billion-dollar bag there.
This episode is perfect for anyone who wants to understand the headlines and what it actually means for their money and investing.
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