Virtuous Wealth presents the September GPS Wealth Monthly Market Update. These updates from our licensee group assist us with strategies and give context to investment decisions.
In the September update:
- The effects of the RBA’s rate hikes reflect a slowdown in the pace of annual change in household spending compared to 2022.
- In China, fiscal and monetary responses to its sluggish economic growth have been modest.
- Market narratives have been in flux all year, from recession and sharp rate cuts to soft landing hopes.