18 Apr Investment outlook Q&A
Key Points:
- Inflation is likely to have peaked and this means that central banks are either at or close to the top on rates.
- The risk of recession has increased but should be avoided in Australia, providing the RBA is at or near the top on rates.
- Geopolitical risk remains high and US debt ceiling brinkmanship is likely to return in the September quarter.
- Our base case is that Australian home prices still have more downside, but a shortage of property is again worsening home buyer and rental affordability and making the property market very hard to read.
