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Budget is inflationary, wages growth slows sharply, meme stocks keep running

Budget is inflationary, wages growth slows sharply, meme stocks keep running

FEAR & GREED | Business News
21 min
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<p><strong>Thursday 16 May 2024</strong></p> <p><strong>The experts have spoken: the federal budget is inflationary and won’t help the push to cut interest rates.&nbsp;</strong></p> <ul> <li>Wages growth slows sharply</li> <li>BHP boss Mike Henry jumps on Anglo American’s plans to demerge its platinum and diamond businesses</li> <li>And meme stocks keep running as echoes of 2021 are heard in markets</li> </ul> <p><strong>Plus don’t miss this week’s episode of </strong><a href="https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/" rel="nofollow"><strong>How Do They Afford That?</strong></a><strong> - a guide to reverse mortgages and other options for the asset rich and cash poor. Get the episode from</strong><a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235" rel="nofollow"><strong> </strong><strong>APPLE</strong></a><strong>,</strong><a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14" rel="nofollow"><strong> </strong><strong>SPOTIFY</strong></a><strong>, or anywhere you listen to podcasts.</strong></p> <p><a href="https://fearandgreed.com.au" rel="nofollow">Find out more: https://fearandgreed.com.au</a></p> <p>See <a href="https://omnystudio.com/listener" rel="nofollow">omnystudio.com/listener</a> for privacy information.</p>