Weekly Wrap 17 June

17/06/2022 5 min
Weekly Wrap 17 June

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Episode Synopsis

The Aussie share market took a dive this week, falling 4.9% (Mon-Thu). This followed the latest inflation reading out in the US, which saw the US Federal Reserve respond by lifting interest rates by 0.75%. In this week’s wrap, Sophia covers:(1:55) Bell Potter's top picks in the uranium sector(2:20) The US Federal Reserve's rate hike(3:40) The tech and major mining stocks that suffered heavy losses(4:14) Lake Resources' (ASX:LKE) impressive yearly gain(4:36) The most traded stocks & ETFs by Bell Direct clients(5:15) Two economic news items to watch out for