Aussie shares 📈 had a bit of a rollercoaster ride today! They started strong but couldn't quite hold on to those gains, ending the day flat. 😅
The ASX200 index just edged 4 pts lower, barely a dip under 0.1%, closing at 7,848. 📉
But hey, not all sectors were down in the dumps! Six out of 11 actually showed some green. 🌱
Unfortunately, Telecom 📡 and consumer stocks 🛍️ were the big drag, dropping -2.5% and -1.4% respectively. But there's always a silver lining, right? ✨
Utilities 💡 and industrials...

The life cost measures are totally on a roll to help tame that pesky inflation monster. 🔥 But hold on tight, because those new stimulus goodies might just pump up the demand like crazy. 🚀
And talk about a wild ride! 🎢 The federal and state finances are showing a crazy switch from tightening the purse strings (which helps keep demand and inflation in check) to letting the money flow freely. 💸🌊 Check out that graph – it's like a roller coaster!
Plus, with wage growth hitting the roof and...

time to buckle up ... our government has no interest in bringing interest rates down🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫
Over the next six months do you think the Aussie sharemarket will be: up (bullish), no change (neutral) or down (bearish)?🤔🤔🤔🤔

Hey, guys! 👋 Today's news says the gov's planning to announce some cost-of-living relief in the budget, like rent and power bill cuts, hoping to bring inflation back to that 2-3% mark by Christmas. But you know me, I'm not so sure about that. 🤔
Like, when you give money away in one place, it tends to pop up somewhere else, right? 🤷‍♀️ And before the budget even drops, the rates market is already saying the RBA might hike rates by 4bp by September. So it se...

Well, as a regular Aussie, I'm hoping to see some tangible benefits that make a difference in my day-to-day life. Maybe some tax relief or increased spending on public services like healthcare and education.

For the first three months of 2024, the consumer price index was 3.6%, slowing from the 4.1% annual pace in the December quarter as released by the ABS this morning. However, this is slightly higher than economists had tipped, indicating CPI would drop to 3.5%.
The March quarterly inflation rate was 1%, compared with the 0.6% pace in the December quarter, which was around 0.2 more than anticipated.

I think any hopes of a rate cut in the immediate future should be put to rest.
S3 cuts will add further fuel to the fire and we may come to realise that the current economy’s status quo is inflation in the 3-4% band (which is ironic given pre Covid economists were suggesting we needed to lower the target band)