Market Close 01 Oct 24: ASX slips from record high

We have ended the three-day winning streak today as the market looks set to close with one of the worst days in a month.  Laura and Stevie reflect on this recent solid performance thanks in part to the first US rate cart and stimulus out of China and look to what could be ahead for this month based on historic data.  Interest rates remain in focus with hopes of a significant cut in November dulled, they unpack the latest consumer spending data, and look at the performance of individual stocks and sectors. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.