Aussie Dollar to Be Relative Underperformer in 2020, IG's Rodda Says

The video discusses the potential for further US rate cuts in 2020, emphasizing the need for at least one cut to sustain market rallies. It highlights the Fed's intention to keep rates accommodative and support asset prices. The discussion then shifts to Australia, where the bushfires are impacting economic growth and consumer sentiment. The Australian dollar is expected to underperform, and the RBA may need to cut rates. Despite challenges, the Australian stock market might still perform well compared to global indices.

What are the implications of the Fed potentially cutting interest rates three times in a year?

In what ways did the Fed's actions in 2019 support the financial markets?

How do the bushfires in Australia impact consumer sentiment and economic growth?

What factors are contributing to the weak position of consumers in the Australian economy?

What is the expected impact of interest rate cuts on the Australian dollar and stock market?