The ASX has communicated to all market participants of an industry-wide ASX settlement failure that occurred on Friday the 20th of December. This failure has meant that CHESS was not able to complete market settlement on Friday and has deferred settlement to Monday the 23rd of December. For those clients who had sell trades settling on Friday we have ensured those sale proceeds have been made available to you for trading on Monday. Stock delivery for clients who had buy trades settling will need to wait until Monday before the shares become available to sell. We apologise for any inconvenience this ASX outage has caused.
Soft landing – could we really pull it off, and what does it mean for markets?
Markets and central banks appear increasingly hopeful that the ideal scenario – a soft landing- could be incoming, with inflation moderating, employment strong and economic growth slowing but still positive. But how great is the risk that we fall short?
Anthony Doyle from Firetrail joins the podcast to discuss:
- How confident central banks remain in their actions to date
- What a soft landing means for markets and the economy
- The steps that central banks are taking to keep their plan on track, and
- How to prepare for any eventuality, as an investor.
You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth
If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.