Investors Flee US Stocks, Turn to Australia as Safe Haven Amid Global Economic Volatility
Investors Flee US Stocks, Turn to Australia as Safe Haven Amid Global Economic Volatility
Investors fleeing US stocks are turning to Australia as a safe haven amid global economic volatility.
Investors fleeing US stocks are turning to Australia as a safe haven amid global economic volatility.
The Australian sharemarket has outperformed major Wall Street indexes since the US President's tariff war was announced.
The Australian sharemarket has outperformed major Wall Street indexes since the US President's tariff war was announced.
The S&P/ASX 200 has risen 0.43 per cent between April 2 and April 24, while the Dow Jones has fallen 5 per cent.
The S&P/ASX 200 has risen 0.43 per cent between April 2 and April 24, while the Dow Jones has fallen 5 per cent.
The Australian government's strong banking sector and relatively insulated economy make it an attractive destination for investors.
The Australian government's strong banking sector and relatively insulated economy make it an attractive destination for investors.
Fund managers are shifting their portfolio allocations from the US to Australia and Asia due to the market volatility.
Fund managers are shifting their portfolio allocations from the US to Australia and Asia due to the market volatility.
The IMF has slashed the US growth projection from 2.7 to 1.8 per cent, sparking concerns about the global economy.
The IMF has slashed the US growth projection from 2.7 to 1.8 per cent, sparking concerns about the global economy.
Australia is expected to remain one of the fastest-growing major economies in the developed world this year and next.
Australia is expected to remain one of the fastest-growing major economies in the developed world this year and next.
The price of gold has soared almost 18 per cent since Liberation Day and over 40 per cent over the past year.
The price of gold has soared almost 18 per cent since Liberation Day and over 40 per cent over the past year.
Gold miners such as Northern Star Resources and Evolution Mining are experiencing significant gains due to the trade war.
Gold miners such as Northern Star Resources and Evolution Mining are experiencing significant gains due to the trade war.
The Australian government's relatively insulated economy has made it a safe haven for investors seeking to diversify their portfolios.
The Australian government's relatively insulated economy has made it a safe haven for investors seeking to diversify their portfolios.