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Budget is inflationary, wages growth slows sharply, meme stocks keep running

Budget is inflationary, wages growth slows sharply, meme stocks keep running

FEAR & GREED | Business News · Fear and Greed

May 15, 202420m 19s

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Show Notes

Thursday 16 May 2024

The experts have spoken: the federal budget is inflationary and won’t help the push to cut interest rates. 

  • Wages growth slows sharply
  • BHP boss Mike Henry jumps on Anglo American’s plans to demerge its platinum and diamond businesses
  • And meme stocks keep running as echoes of 2021 are heard in markets

Plus don’t miss this week’s episode of How Do They Afford That? - a guide to reverse mortgages and other options for the asset rich and cash poor. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

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