Econosights: Is the Bank of England’s recession forecast a warning for other central banks? Key points The Bank of England’s latest forecasts assume a bleak outlook for the UK over 2022/23 with inflation peaking at 13%, a decline in GDP growth of more than 2% and a recession lasting over a year. Australia and the US are facing some similarities to the UK economy, but the energy crisis in both countries is less severe. …
5 big picture implications of the war in Ukraine of relevance for investors – and why are Australian shares holding up better? | AMP Capital Key Points The situation regarding Ukraine is at high risk of getting worse before it gets better for investment markets. The key is how much Russian energy exports are disrupted & whether NATO forces avoid the conflict. Five big picture implications are likely to be: increased geopolitical tensions; reduced …
Investment outlook Q&A – inflation, interest rates, Russia & Ukraine, the risk of a share crash, house prices and other issues Key Points Inflation will likely slow later this year but remain well above pre-pandemic levels over the medium term. Wages growth is likely to pick up to 3% this year. A Russian invasion of Ukraine risks a short term hit to shares followed by recovery over the next 3 to 12 mths. Australian home …
Market Update 2 July Investment markets and key developments over the past week While the US share market rose over the last week, other global share markets fell with concerns about a renewed rise in coronavirus cases. The latest coronavirus outbreak and new lockdowns also weighed on the Australian share market with gains in telcos, retail and energy stocks offset by weakness in utilities, IT and property shares. The risk off tone saw bond yields fall, …
Be a smart gift-giver this holiday season After a year like no other, many of us are looking forward to a relaxing holiday season shared with family and friends. Check out these easy ways to stretch your Christmas gift budget further, so you can enjoy more family time, without the financial drama. With positive news about a COVID-19 vaccine on the horizon, many consumers are feeling buoyant heading into the Christmas season. In fact, consumer …
01 February 2018 Higher global inflation and higher bond yields – what’s the risk and implications for other assets? Key points Rising global growth and rising commodity prices indicate the risks to inflation are gradually moving to the upside. This is most acute in the US with the Fed likely to raise rates more than the market expects this year. This supports the view that the 35-year super cycle decline in bond yields is over. …
