Expect a rough ride, but better returns Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital 2022 – from Covid to inflation & surging interest rates The good news is that 2022 finally saw the world shake off the grip of Coronavirus as it transitioned from
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital The slump in home prices continues After surging by 28.6% from their pandemic lows early this year to record highs on the back of record low interest rates, home prices are continuing to plunge on the back
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction It’s often said you don’t realise how good something is until it’s gone. This may apply to the low inflation environment that prevailed up to the pandemic. Apart from a few nasty interruptions this saw a
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction Economic and financial commentary has been particularly gloomy of late, with talk of a “dire”, “grim”, “bleak”, “perilous” and “confronting” outlook. The problems are well known: high inflation; particularly high and still rising energy prices; central
– balancing a revenue windfall, election promises, structural spending demands & inflation pressures Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP CapitalDiana Mousina – Senior Economist, AMP Capital Introduction The Government has implemented its election policies and expects lower budget deficits this year and next thanks
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction Successful investing can be really hard in times like the present. Falls in share markets and other assets are stressful as no one likes to see their wealth decline and the natural inclination is to retreat
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction The latest client note by Howard Marks, the co-founder and co-chair of Oaktree Capital, an alternative investment manager focussing on distressed debt, on The Illusion of Knowledge about the futility of forecasting to drive investment decisions,
Here are five reasons why the RBA was right to slowdown and the top is near Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction The RBA has increased its cash rate again but slowed the pace to +0.25% which took the cash rate to
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction Investors could be forgiven for looking back on the pandemic years of 2020 and 2021 with fond memories – because after the initial shock in February-March 2020 it was a period of strong returns and relative
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital “Productivity isn’t everything, but, in the long run, it is almost everything”. Paul Krugman Introduction A hot topic in recent years in Australia amongst economists and policy makers has been the slowdown in productivity growth. This matters
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction Shares remain vulnerable in the short term. They had a nice rebound from their June lows into their mid-August highs recovering just over half of their earlier decline (which was -24% for US shares and -16%
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Key points Australian home prices fell another 1.6% in August and are now down by 3.5% from their high. Rising mortgage rates are the main driver and there is likely more to go. We continue to expect
