Livewire Markets

Higher for longer: Chris Joye's inflation warning

What if Australia's next cycle is defined by higher interest rates for much longer? Coolabah Capital Investments' Christopher Joye believes sticky inflation could force the RBA into a prolonged hiking cycle, with rates staying elevated well beyond what markets expect. His bigger call is what happens next. If Australia eventually cuts immigration and reins in public spending, we could face something we've never really experienced before: no population growth, weaker credit growth and a recession that hits property, banks and other cyclical sectors. Check out the full interivew here: https://www.livewiremarkets.com/wires/christopher-joye-s-4-step-recipe-for-fixing-a-broken-australia