Bulls & Bears

Recent financial market developments have many investors understandably nervous.

Tackling price inflation through higher interest rates has become a global phenomenon. Tighter than expected financial conditions indicate a meaningful economic slowdown, and recent equity market weakness reflects this.

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Last Tuesday, the RBA lifted its cash rate by +0.50% to 0.85%, the biggest rate hike in 22 years and the first back-to-back rate hike since May 2010.

Patient but attentive

The past few weeks have been challenging for investors as central banks embarked on increasing policy rates in the face of persistent inflation.