July 2020

How COVID-19 has widened the gender super gap

How COVID-19 has widened the gender super gap With the coronavirus outbreak (COVID-19) wreaking havoc on the global and Australian economies, new research by AMP shows the extent of the economic impact of COVID-19 on the super account balances of Australian women. Diana Mousina, Senior Economist at AMP Capital, and AMP Data Insights Manager, Tracy Lewis, discuss the latest findings on the widening gender super gap. These include contributing factors such as job losses, the …

Econosights: Inflation in the COVID-19 world | AMP Capital

Econosights: Inflation in the COVID-19 world Key points The money supply across major economies has skyrocketed from central bank asset purchases (or quantitative easing), government stimulus payments and wages building up in bank deposits. There is some concern that the boom in money supply growth could lead to an inflation breakout. However, prior surges in the money supply have not always led to higher inflation. Central bank quantitative easing programs are a big driver of …

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Market Update 24 July 2020

Market Update 24 July 2020 Investment markets and key developments over the past week Global share markets started the past week off strongly with US shares breaking out to new recovery highs, but gains were partly reversed later in the week on worries about the economic recovery in the face of rising coronavirus cases and increasing US/China tensions albeit this still left US, Eurozone, Japanese and Chinese shares up. Despite strength early in the week, Australian …

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Australian economic and fiscal update – record budget deficits, but more to come | AMP Capital

Australian economic and fiscal update – record budget deficits, but more to come Key points The Government expects the federal budget deficit to peak at a record $184.5bn this financial year. That’s around 9.7% of GDP, its highest since the end of WW2. Ultimately, we expect it to be around $220bn as the Government unveils more stimulus & revenue recovers more slowly than projected by the Government. The budget and associated debt blowout is unlikely …

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After the Bell: daily market update, July 23 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 23 23 Jul, 2020 The ASX finished higher today and the federal treasurer, Josh Frydenberg, delivered the mini budget for Australia. Our senior economist, Diana Mousina, joins us with her insight. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital Funds Management Limited (ABN 15 159 …

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10 years of AMP financial advisers supporting cancer patients and their families

AMP is marking 10 years of its advisers helping cancer patients and their families with pro bono financial advice through the AMP Foundation’s partnership with the Cancer Council. Since 2010, advisers in the AMP network have supported more than 6,500 people affected by cancer – patients and their families – to address their financial challenges through Cancer Council’s Pro Bono Program. During this time, the AMP Foundation has contributed more than $1 million towards the …

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Econosights: The economics of COVID-19 lockdowns | AMP Capital

Econosights: The economics of COVID-19 lockdowns Key points Rising COVID-19 cases around the world is leading to questions about the need for another round of government lockdowns to stop the spread of the virus. Lockdowns lead to closed businesses, lower household spending and higher unemployment. But a lot of these outcomes would still occur without a lockdown as households self-regulate their behaviour. Sweden is evidence of this. It has pursued a herd immunity strategy, …

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After the Bell: daily market update, July 22 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 22 22 Jul, 2020 The ASX finished lower today after a big day yesterday, and Victoria marked a grim milestone in the battle against COVID-19. Unpacking the day that was is our senior economist Diana Mousina. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital Funds …

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After the Bell: daily market update, July 21 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 21 21 Jul, 2020 Big day on the ASX, and a spate of government and central bank commentary was also delivered. Senior economist, Diana Mousina, shares her views on what it could all mean for the economy. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital …

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After the Bell: daily market update, July 20 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 20 20 Jul, 2020 ASX has had a soft start to the week, global markets finished well last week, and the economic impact of a second wave or accelerated first waves. Chief Economist Shane Oliver shares his insights Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP …