Brighter days ahead
Wednesday 22nd June 2022We\u2019ve just had the longest night of the year in Australia but the markets are focused on the light at the end of the tunnel! There is a lot of positive sentiment today, with NAB\u2019s Taylor Nugent point to strong growth in US and European shares across almost all sectors. So, does this mean there\u2019s an acceptance, once again, that inflation can be tamed without a recession, or perhaps there\u2019s a belief that a mild one would be acceptable. Certainly the RBA\u2019s Governor Lowe is seeing the good times returning before too long, even as he talks up the need for more rate rises. He outlined three reasons we\u2019ll see inflation fall next year. Listen in to find out more.
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