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OBBBA & public debt crisis, Faster RBA cuts, Victoria’s debt, US price pressures
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OBBBA & public debt crisis, Faster RBA cuts, Victoria’s debt, US price pressures
By Dr Shane Oliver, Chief Economist and Head of Investment Strategy at AMP. Investment markets and key developments Shares were mixed over the last week. US, European and Japanese shares were flat to down slightly after the huge rebound since the April lows left them overbought and as bond yields rose with renewed worries about US public debt sustainability. Chinese shares bucked the trend and rose slightly. And Australian shares are also ro…
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