Why Black Friday bargains could be bigger this year
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Show notes
Slowing retail sales could mean bigger Black Friday discounts this year, as shoppers face renewed interest rate pressures.
Slowing retail sales and cost-of-living pressures could deliver bigger Black Friday and Christmas bargains. But with inflation rising and uncertainty over the RBA's next move, what does it mean for shoppers and investors?
SBS Finance Editor Ricardo Gonçalves speaks with Betashares Investment Strategist Hugh Lam about consumer spending, interest rates, global markets and the Australian dollar's 13-year high against the New Zealand dollar.
In this episode:
Why could Black Friday discounts be bigger this year?How is inflation affecting the RBA's next rate decision?What do US interest rates and the AI boom mean for investors?Why is the Australian dollar soaring against the NZ dollar?Where could investors find opportunities amid uncertainty?SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.
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