Higher For Longer – GPS Wealth Monthly Market Update

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.

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