Isaac Poole from Oreana Financial Services shares his views on the current economic situation and potential market risks. He points out the strong US data regarding consumer confidence and inflation but warns that the positive outlook might not last long, as the economy could be approaching its breaking point. Isaac highlights the possibility of a recession in both the US and Europe, which may lead to aggressive rate cuts by the Federal Reserve and the European Central Bank.

Isaac also considers the potential of a rate hike by the Reserve Bank of Australia but sees it as the last one in the current cycle, as the Federal Reserve is likely to pause after May. For investors, Isaac recommends caution in the equity market and instead emphasises focusing on defensive, quality stocks and shorter-duration government bonds in a multi-asset portfolio. With risks currently leaning towards the downside, Isaac’s outlook urges investors to be prudent and prepare for potential turbulence in the global economy.

(Source: Ausbiz)

Click here to watch the interview.

Melbourne
Level 17, 627 Chapel Street, South Yarra, Melbourne, Victoria, 3141
Australia

T +61 3 9804 7113
F +61 3 9804 8377

Please email your request to
info@oreanafinancial.com

Sydney
Level 3, 31 Alfred Street,
Sydney, NSW 2000
Australia

T +61 3 9804 7113
F +61 3 9804 8377

Please email your request to
info@oreanafinancial.com

Hong Kong
Suite 1002, 10th Floor
Cambridge House, Taikoo Place
979 King’s Road, Quarry Bay, Hong Kong

T +852 3185 0200
F +852 2110 0736

Please email your request to
info@oreanafinancial.com

A Licensed Financial Firm

In Hong Kong we are licensed by the Securities and Futures Commission (license no. AHX191), the Insurance Authority (license no. FB1443) and the Mandatory Provident Fund Authority (license no. IC000563). 

In Australia we are licensed by the Australian Securities and Investments Commission (AFSL No: 482234, ABN 91 607 515 122).