We could see a short-term rally in April

US stocks moved higher overnight with the S&P 500 up 0.55%, in what could be a more positive month ahead. But signs indicate the US and Australian economies are stagflationary, so focus on resilient asset such as gold and quality stocks in this environment.

Securities mentioned: VanEck Gold Miners ETF, Global X Defence Tech ETF, iShares China Large-Cap ETF