The bad news for Baby Boomers, and your inheritance

As both sides of politics recalibrate their campaign, Jim Chalmers is predicting a double rate cut in May as millions of Aussies have their savings smashed.

Donald Trump had a brutal response to countries whose economies are already being ravaged by his “reciprocal” tariffs, as he hit back at accusations that he’s intentionally trying to crash the stock market.

“I don’t want anything to go down, but sometimes you have to take medicine to fix something,” the US President told reporters aboard Air Force One.

“We have been treated so badly by other countries because we had stupid leadership that allowed this to happen … What’s going to happen to the markets I can’t tell you. But our country is much stronger.”

Originally published as The bad news for Baby Boomers, and your inheritance