#265 Money news in human words; Record inflation, tech wreck, RBA criticism, & market recovery

In this week's Money news in human words, I talked about the record inflation data that came through in Australia showing inflation at its highest pace since 1990, what that means with interest rates and the economy, as well as some of the commentaries from CBA suggesting change within the RBA, how they make decisions and how their board is composed.

I dived deep into the current tech market route where companies like Meta have gone through their reporting season as well as a bunch of other big companies that have slammed as a result of poor performance and weaker outlooks, how long it might take for investors to recover the money that was lost through this current period of market decline.

This episode is perfect for anyone who wants to understand what's underneath the headlines and what it means for your money.

 

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Note: The advice shared on this podcast is general in nature and does not consider your individual circumstances. The podcast exists purely for educational purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, and TMD and obtain appropriate financial advice tailored towards your needs. Ben Nash and Pivot Wealth are authorised representatives of Fish Tacos Pty Ltd, ABN 14 649 248 082, AFSL 533055 Comment end