In July 2024, both the #ASX200 and the S&P 500 exhibited positive performance, with the ASX 200 outperforming the S&P 500. The Australian residential #propertymarket also demonstrated resilience and growth despite economic challenges. However, affordability issues remain a significant concern. Market predictions suggest that the RBA may maintain its #cashrate at 4.35%, though further rate hikes are still possible if inflation data continues to show persistent price pressures. #independentfinancialadvice
