Economist: Australian stocks have limited returns in the next year, but there are still support factors

GoldenOctober2024
AMP1,36%

According to Diana Mousina, economist at AMP, after experiencing double-digit returns in 2023 and 2024, it is expected that the return rate of the Australian stock market in the next year will be much more limited, only 7%. Overvaluation, ongoing economic recession risks, risks of global trade wars, and ongoing geopolitical issues may cause stock market fluctuations, during which a pullback of more than 15% is likely to occur. However, due to the expected interest rate cut by the Reserve Bank of Australia, the prospect of a stronger economic rise later this year will support profits, and US policies will ultimately support the US stock market, so investment returns should still be good.

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GateUser-4c128d3cvip
· 2025-02-07 05:51
Bull Run 🐂
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