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equity markets

‘Mother of all shocks’ coming our way

A portfolio manager has claimed Aussie homeowners will need to brace for the “mother of all shocks” later this year.Chris Joye, the co-founder and portfolio manager of Coolabah Capital, a fund manager with $8 billion in assets, has made…

Stock market surges by most in two years

Stocks rallied while the dollar slumped against rival currencies on Thursday after a drop in US inflation dimmed expectations of more aggressive Federal Reserve rate hikes.The consumer price index (CPI), a key measure of inflation, rose at…