It’s fair to say the world is grappling with a confluence of issues, many with significant long-term ramifications and large unknowns.
From intensifying geopolitical tensions in the Middle East to a barrage of US policy shifts with direct impacts on global trade, inflation, and growth, uncertainty is undeniably elevated. And yet, equity markets in both the US and Australia are testing all-time highs.
Source: https://www.afr.com/markets/equity-markets/where-next-for-stocks-already-back-at-a-record-look-to-the-us-20250703-p5mcaz