Reflecting on a Year of Political and Economic Shifts
Description
Join Andrew Baxter and Mitch in this engaging episode of the Money and Investing show as they conduct a detailed year-in-review. With a focus on the significant political, economic, and social events of 2023, they examine how these developments have influenced markets, highlighting the strong rise of the S&P 500 and record-breaking market highs.
From budget surpluses to shifts in US trade policies, the discussion covers global events such as the ongoing Israel-Palestine conflict, changing trade dynamics with Mexico and Canada, and challenges within China’s economy. The hosts also analyse the cost of living crisis and interest rate changes, touching on investigations into major retailers like Woolworths and Coles over alleged price gouging.
The episode explores US politics, discussing the Hunter Biden pardon, the contentious election results, and anticipated shifts under a new administration. It also examines the resurgence of cryptocurrency, analysing its connection with traditional markets.
Tune in for this thought-provoking episode that tackles key issues shaping the financial landscape and encourages listeners to consider the future direction of markets.
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