Summary

 

IFM’s Chief Economist, Alex Joiner, features in our Monthly Economic Update video discussing recent key developments in economies and markets globally.

This edition was recorded during the ongoing Melbourne lockdown, with Alex discussing the latest OECD economic forecasts which show considerable growth downgrades for some countries, including Australia, as the pandemic continues to impact economic activity. Alex also explains the domestic and global factors underpinning the recent weakness in US equities.