In this week’s Monday Market Highlights, Investment Analyst Jerram Lindsay discusses the US economy, with Q2 GDP revised slightly higher, a strong increase in domestic profits, and a steady jobs report – all boding well for a soft-landing scenario. However, with the continued strength of the US economy, the Fed may not need to be so aggressive in their cutting cycle. Jerram also looks into Australian CPI data, which came in at 3.5% – down from 3.8% in June, but still above market expectations. In NZ, Jerram covers the ANZ Business Outlook Survey. In equity news, Jerram discusses Nvidia, Dollar General, Walmart, Best Buy, Precinct Properties, Woolworths and Coles.
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