Hi Aris, Welcome to this week's edition of Smart Investing. In our lead article this week, Vanguard Senior Economist, Grant Feng, provides his latest forecasts for the Australian economy for 2024, including for economic growth, inflation, interest rates, and unemployment, and discusses the key area he is watching. Also see our expected 2024 year-end investment returns for Australian equities and fixed income, based on information generated by the Vanguard Capital Markets Model. In our second article, Vanguard’s regional chief economists — Roger Aliaga-Díaz for the Americas, Jumana Saleheen for Europe, and Qian Wang for the Asia-Pacific — discuss the implications of a brewing global policy-rate divergence and the role of a higher neutral rate in this environment. Lastly, in our third article, Vanguard Senior International Economist, Kevin Khang, focuses on the impact of slowing globalisation on inflation in the context of our just-released global Megatrends research. | |
| Australia’s mid-year economic and investment outlook Our latest forecasts for the Australian economy and investment returns in 2024. Read article | |
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| Spending your kids’ inheritance Higher rates to stay, though policy divergence won’t The U.S. Fed is unlikely to cut rates in 2024. What does that mean for other regions? Read article | |
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| Less globalisation may not mean higher U.S. inflation Why slowing globalisation is unlikely to lead to worrying inflation. Read article | |
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| Most Australians are failing the retirement test Here are four basic retirement questions many people struggle to answer correctly. Read article | |
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| Spending your kids’ inheritance Many Australians expect an inheritance, but their parents may have a different view. Read article | |
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| New financial year, new you A new financial year can bring a chance to reset and focus on your investment goals. Read article | |
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