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
– why investors need to be aware of the psychology of investing Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction Up until the 1980s the dominant theory was that financial markets were efficient – in other words all relevant information was reflected in asset
