MB Fund Podcast: The Smashed Aussie Economy

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Given the inflation and GDP numbers yesterday, we thought it was worth an emergency look at the emerging crisis in the Australian economy.

In this week’s podcast Nucleus Wealth’s Chief Investment Officer, Damien Klassen, Chief Strategist, David Llewellyn-Smith and Senior Financial Adviser, Samuel Kerr looked at this breaking update.

Agenda:

  • GDP fading fast
  • Consumer income and wealth squeeze
  • China won’t save us
  • Fiscal and monetary impulses negative
  • The outlook for 2023 and asset markets
 
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Samuel Kerr is a Senior Financial Adviser at the MacroBusiness Fund, which is powered by Nucleus Wealth.

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The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Samuel Kerr is an Authorised Representative of Nucleus Advice Pty Limited, Australian Financial Services Licensee 515796. And Nucleus Wealth is a Corporate Authorised Representative of Nucleus Advice Pty Ltd.