Top points:

• Bank failures temper early Q1 market gains.

• Inflation moderates in the US and Australia. 

• European markets see strong gains, EU avoids energy catastrophe. 

• Australian property market turns upward, in spite of ongoing rate rises.

• Bond prices up, as yields fall.

• Inflation still a factor, but starting to ease. 

• Energy crisis so far averted in Europe.

• Sharemarkets largely positive in Q4.

• Bond markets more subdued.

• Australian real estate seeing consistent declines.

• What use are quarterly updates?

• Labour demand strong, consumer confidence falling.

• Inflation hitting new highs in US and Australia.

• Energy crisis brewing in Europe.

• RBA reacts to inflation, moves on rates twice.

• Global sharemarkets poor in Q2.

• China looking more positive after Covid shutdown.

• Where to from here?