The economic outlook: global, national and local

About this presentation

In this economic update from the Chief Economist at Suncorp Group, Paul Brennan covers:

• History suggests a US soft landing will be hard to achieve, even with the Fed starting to ease this month.
• Markets are not priced for a recession, even a mild one would likely see a material correction in share prices and other risk assets. ​
• The Chinese economy is too weak to offset the effects of a US recession.​
• Australia faces a challenging 18 months, even if it avoids a recession, as inflation is limiting the RBA’s degrees of freedom and China isn’t coming to the rescue.

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• These presentations were made as at 24-26 September, 2024 and therefore relevant facts, the economic environment , governing documentation and the law upon which they were based may change after that date such that the accuracy and reliability of their content may be affected.