7.3% Yields With Built-In Slowdown Protection: Inside Australia's Credit Market with Yarra Capital

Podcast: Mont Wealth - "Pizz-Spectives" - Investing & Wealth Creation Strategies · Mont Wealth Advisors

Opublikowano: 2026-06-25

Rob Pizzichetta (Mont Wealth) speaks with Phil Strano (Yarra Capital Management) about the Australian economy, global macro, and portfolio positioning. Strano expects weak but non-recessionary Australian growth, supported by high immigration, with a per-capita recession possible, unemployment trending toward ~5% (potentially 5.5%), and inflation moderating naturally back into the RBA band around 2027. He anticipates the RBA adopts an easing bias by year-end and sees roughly three rate cuts over late this year and next year, though not a return to sub-1% rates. Globally, he cites headwinds from debt, aging demographics, geopolitics, and higher real yields, with AI capex a key tailwind...