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Wall Street seems to have decided the recession risk is over. Can the Australian market do the same?

16 April 2026 at 15:00

Experts say US market โ€˜may have run ahead of itselfโ€™ while ASX 200โ€™s more modest recovery is due in part to Australiaโ€™s reliance on fuel imports

One day the IMF warns of a global recession, the next day stocks on Wall Street hit a record high.

From looking at the complete U-turn in fortunes in America, you wouldnโ€™t know the world was in the grips of an unprecedented energy shock.

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ยฉ Photograph: Lisa Maree Williams/Getty Images

ยฉ Photograph: Lisa Maree Williams/Getty Images

ยฉ Photograph: Lisa Maree Williams/Getty Images

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