Market and economic update - May 2023

Market and economic update - May 2023

Verse CEO Corey Wastle was joined by Tom Schubert, Managing Partner at Drummond Capital Partners to discuss the current state of the economy, share markets and what might be in store for rest of 2023.

In this video, they cover:

  • How US tech giants have been driving market gains so far in 2023.
  • Why the rest of the market is actually declining.
  • What the current prospect of a recession looks like in Australia.
  • Where interest rates might be headed from here.
  • US debt ceiling concerns.
  • Artificial intelligence (AI) and how the impact it may have on investing going forward.

If you feel like you'd like to talk with your Verse Adviser about the current market & or economic conditions, and any potential impact on your personal strategy, feel free to get in touch and we'll make time to chat.

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