Can the economy justify a red-hot sharemarket?

The Money Puzzle · Jul 9, 2026 · 37m · transcript

The burning question for all investors is whether the global market is running ahead of itself?

Tim Toohey, head of macro strategy for Yarra Capital Management, joins Associate Editor, James Kirby in this episode.

In today's show, we cover:

The growing gap between GDP and market returns

Could inflation fall from here

Emerging value on the ASX

The bear case for bank stocks

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