Weekly market update 04-08-2023

Senior Economist Diana Mousina discusses how global shares have had a pull-back after weeks of strong gains as higher yields and US ratings downgrade sour risk sentiment, RBA growth and the little change in inflation forecasts.

The pullback in shares – seven reasons not to be too concerned

09 February 2018 The pullback in shares – seven reasons not to be too concerned Key points The current pullback in shares has been triggered by worries around US inflation, the Fed and rising bond yields but made worse by an unwinding of bets that volatility would continue to fall. We may have seen the worst, but it’s too early to say for sure. However, our view remains that it’s just another correction. Key things …