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The 10 biggest surprises to wrong-foot investors this year

Alex Gluyas
Alex GluyasMarkets reporter
Updated

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Morgan Stanley has labelled 2024 as the year of the hall pass after an unpredictable 12 months in the Australian market that caught many pundits off guard.

The Reserve Bank of Australia didn’t cut interest rates, China’s economic growth disappointed, ASX earnings growth all but disappeared, the Australian dollar hit a one-year low, and commodity prices weakened.

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Alex Gluyas is a markets reporter based in our Melbourne newsroom. Connect with Alex on Twitter. Email Alex at alex.gluyas@afr.com

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    Original URL: https://www.afr.com/markets/equity-markets/the-10-biggest-surprises-to-wrong-foot-investors-this-year-20241217-p5kz1n