It's been a choppy month for stock markets globally, with the NZX underperforming throughout August.

The NZX is currently down by 5 percent for the month, with experts concerned this dip has wiped out gains made in the first half of 2023.

Milford Asset Management analyst Jeremy Hutton says rising interest rates are a major factor in the downturn, as many economies are working to avoid recession.

LISTEN ABOVE

It's been a choppy month for stock markets globally, with the NZX underperforming throughout August.
The NZX is currently down by 5 percent for the month, with experts concerned this dip has wiped out gains made in the first half of 2023.
Milford Asset Management analyst Jeremy Hutton says rising interest rates are a major factor in the downturn, as many economies are working to avoid recession.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.