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. …
What’s giving markets the jitters and will it last? After a strong run of late, local and global markets have developed a clear case of the jitters. There are a few things rattling them, with the risk of a second wave of COVID-19 at the top of the list. The ASX has had a strong recovery in recent weeks – rising 35% from its March 23 low to its recent high. Similarly, in the …
ECONOMICS & MARKETS After the Bell: daily market update, May 28 28 May, 2020 Another rally on the ASX today, with the banks finishing strong again. Some business investment data was also released, indicating a downgrade for FY21. Senior economist Diana Mousina explains. 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 …
ECONOMICS & MARKETS After the Bell: daily market update, April 30 30 Apr, 2020 Big day in markets following a strong lead in from the US overnight, but oil prices continue to go wild. Senior economist Diana Mousina explains the day that was in markets, and what’s fuelling the current dynamics in oil markets worldwide. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN …
2017-18 saw strong returns for diversified investors – but there’s a few storm clouds around Key points 2017-18 saw strong returns for diversified investors, but it was a story of two halves with strong December half returns but more volatility in the past 6 months. Key lessons for investors from the last financial year include: turn down the noise around financial markets, maintain a well-diversified portfolio; be cautious of the crowd; and cash continues to …
Could last year’s strong equity returns keep on rolling? Aussie battler On the home front, the economic cycle in Australia is less advanced than in other developed economies. Activity remains subdued as housing investment moderates and consumers remain cautious on account of anaemic wages growth. Nonetheless, the preconditions for an improvement in growth are in place. Business confidence has improved and there is evidence of broad-based acceleration in business investment. At the same time, large …
