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 calm in investment markets. This … Read more
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 because as Paul Krugman points … Read more
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% for Australian shares) helped by … Read more
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 a 15-20% top to bottom … Read more
