Australia's investment outlook w/ Michael McCarthy

We recently sat down with Michael McCarthy, CEO of Moomoo Australia, to unpack the recent volatility in global markets and the sharp moves in the Aussie dollar.

Michael’s seen it all — from Black Monday in 1987 to the GFC and beyond. His take? This isn’t the end of the world, but it’s a real crisis. The recent drop in the Australian dollar to 60 cents wasn’t random. According to Michael, it’s only happened three other times this century — all during major market meltdowns.

Michael expects to see more interest rate cuts this year, which we’re watching closely given our focus on the property market.

There’s a lot more in this episode — especially for investors trying to make sense of where things go next. Whether you’re trading or sitting on the sidelines, this is a conversation worth listening to.

Peter Esho is an economist and Founder of Flexdoc. He has 20 years of experience in investments and markets.