Welcome back to another episode of the 360 Money Matters Podcast!
In this episode, Billy and Andrew break down the shocking data you need to know: Australia's unexpected rate rise while the world cuts rates, the US earnings season that beat expectations by 85-90%, and why the Aussie dollar hitting 70 cents against the USD matters for your portfolio.
Discover why China's 5% GDP growth is considered a slowdown, what Kevin Walsh's Fed appointment really means for your investments, and the simple truth about interest rates hurting only one-third of Australians while helping another third.
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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706
Episode Highlights
Trump's Fed Chair pick Kevin Walsh and the market volatility it triggered
85-90% of US companies beat earnings expectations—one of the strongest seasons in years
Australia's rate rise while global economies cut rates (and why the market pricing in another by November)
China's house prices down despite 5% GDP growth—the wealth effect in reverse
ASX 200 up 1.84% in January despite headwinds
Aussie dollar at 70 cents—what it means for travelers and exporters
Why interest rate policy only directly impacts one-third of mortgage holders
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