drivers

Econosights: The unequal impact of COVID-19 across Australia’s states

Econosights: The unequal impact of COVID-19 across Australia’s states Key points States/territories with lower cases of COVID-19 have had stronger economic performance compared to the hardest hit states of NSW and Vic. This is not surprising given the imposed and self-regulated household mobility restrictions. Lower overseas migration over the next few years is a big negative for NSW and Vic state growth. Net migration had been a big driver of NSW and Vic population …

FinancialPartners 15/12/2020 15/12/2020 Blog / E - Economics / E - ESG Wrap (Econosights) / E - Insights Papers / E - Market Update / E - Markets & Investments / E - Oliver's Insights / FP - Financial Planning Author Produced / Capital / changed / Covid19 / drivers / economic / fundamental / growth Original / some / State

Why the $A is likely to fall further and shorting it is good protection against things going wrong globally

Why the $A is likely to fall further and shorting it is good protection against things going wrong globally Key points The downtrend in the $A from 2011 likely has more to go. The $A is near fair value, but the increasing negative interest rate gap to the US & a messy outlook for commodities suggest a fall to $US0.70 by year end. Given the downside risks for the $A and that being short the …