Quarterly Economic and Market Update

Global equities reached record highs after a slow start in April, driven by improved inflation expectations. The “bad news is good news” trend resurfaced as weaker U.S. economic data led to more interest rate cuts anticipated by markets.

Despite a steady cash rate from the RBA in June, a more hawkish tone was noted. A-Reits, despite strong annual growth, lagged behind the broader equity market. For a deeper dive into these trends and more, click on the PDF for a comprehensive quarterly economic and market update.

Quarterly Economic and Market Update – June 2024