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Australian shares fell on Monday in a broad decline as investors responded to a slew of corporate announcements and speculation of aggressive US policy tightening to rein in inflation.
The point at which shoppers say enough is enough and stop spending after price rises on a range of discretionary products hasn’t been reached yet.
While central banks may have confidence that they are managing the inflationary cycle well, growing economic uncertainty, coupled with what we see as persistent inflationary forces, paint a difficult picture. We think that listed Real Assets, particularly those that are the ‘every day-use’ building blocks of the economy, make for...
Shoppers are treating themselves to new wardrobes, jewellery and luxury goods.
Australian shares expected to open higher on Wall Street’s bullishness. Reporting on Monday: Beach Energy, Carsales, GWA Group, JB Hi-Fi.