Please click the link below to read Shane Oliver's views on the current record highs being experienced in share markets and the issues current influencing markets

Key points raised are :

• Recession risks, the escalating Israel conflict, the US election along with still stretched valuations means a high risk of another share market correction and continued volatility
• The expansion of the war around Israel and Iran is very concerning but unless oil supplies are disrupted the imapct on global growth and shares will remain limited.
• However, the combination of global rate cuts, still okay global economic growth and Chinese stimulus are very positive for shares.
• While the Reserve Bank in Australia remains relatively hawkish, the resumption of falling underlying inflation since May tells us that the start of rate cuts here is getting closer.