Econosights: The outlook for Australian wages | AMP Capital

Econosights: The outlook for Australian wages Key points Australian wages growth has been constrained because the supply of labour has increased since the beginning of the pandemic with the labour force participation rate now at a record high. High labour underutilisation over recent years has also kept a lid on wages growth. But, a tighter labour market, falling labour underutilisation, a higher inflation environment, a lift in the minimum wage and higher public sector wage …

Econosights: The RBA, the neutral interest rate and how many hikes to expect | AMP Capital

Econosights: The RBA, the neutral interest rate and how many hikes to expect Key points Inflation is running hot around the world, driven by strong goods demand, global shipping and supply issues and high commodity prices. Higher than expected inflation in Australia will see the RBA lifting interest rates to at least 1% by Dec-2022 and 1.5% in the first half of 2023. A fall in inflation in 2023 from an easing in supply pressures …

Econosights: Outlook for the US economy in 2021

Econosights: Outlook for the US economy in 2021 Key points The US is due for a strong economic recovery in 2021, driven by a large injection of fiscal stimulus. US GDP should have recovered its 2020 COVID losses in the March quarter and be back to its pre-COVID trend level of GDP by end of the year. Fiscal stimulus could overheat the economy in late 2021/early 2022. Consumer inflation expectations are already at multi-year highs. …

Market Update 11 September 2020 | AMP Capital

Market Update 11 September 2020   Investment markets and key developments over the past week The equity market correction that started last week, driven by falls in tech stocks, has continued, and has now broadened out to other sectors. US shares are down by 2.6% and the tech-heavy NASDAQ is down by a larger 4% over the week. But, all sectors in the S&P500 fell over the week and energy was down heavily as the oil …