![Between the Bells artwork](https://is4-ssl.mzstatic.com/image/thumb/Podcasts123/v4/b1/c0/bc/b1c0bc66-9878-ba44-cc4f-13d6fa66c941/mza_3963905128460450707.jpg/100x100bb.jpg)
Weekly Wrap 7 June
Between the Bells
English - June 07, 2024 02:00 - 4 minutes - 3.44 MBInvesting Business online share trading trading ausbiz asx200 investing economics Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Weekly Wrap 31 May
Next Episode: Weekly Wrap 14 June
Global markets posted gains in May, particularly in the US with the S&P500 and Nasdaq rising significantly. However, signs of a US economic slowdown, including cooling inflation and lower growth, suggest a potential rate cut by the Federal Reserve as early as July. Europe is also expected to cut rates due to moderate inflation.
China showed economic weakness with declining manufacturing activity. Oil prices fell while copper remained stable but is expected to rise. The US's performance is crucial for the global economic outlook, and investors should maintain a diversified and adaptable portfolio.
In this week’s wrap: Sophia covers: