Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction The RBA raised its cash rate by another 0.25% taking it to 3.35%. This is the ninth consecutive rate hike in a row over ten months totalling 325 basis points and exceeds the 2002-2008 tightening cycle (of 300 basis points over … Read more
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction Since the March 2009 Global Financial Crisis (GFC) low in share markets, Australian shares are up 138%, compared to a 310% gain in global shares in local currency terms and a 500% gain in US shares. Australian and global shares Source: … Read more
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction After very strong returns in 2021 thanks to reopening from Covid restrictions and stimulatory fiscal and monetary policies, 2022 was a rough year reflecting high inflation, a surge in interest rates and bond yields, geopolitical issues (notably the invasions of Ukraine) … Read more
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction The latest client note by Howard Marks, the co-founder and co-chair of Oaktree Capital, an alternative investment manager focussing on distressed debt, on The Illusion of Knowledge about the futility of forecasting to drive investment decisions, inspired me to revisit what … Read more
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction It’s often said you don’t realise how good something is until it’s gone. This may apply to the low inflation environment that prevailed up to the pandemic. Apart from a few nasty interruptions this saw a downtrend in interest rates, mostly … Read more
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction Economic and financial commentary has been particularly gloomy of late, with talk of a “dire”, “grim”, “bleak”, “perilous” and “confronting” outlook. The problems are well known: high inflation; particularly high and still rising energy prices; central banks aggressively raising interest rates; … Read more
Starting a family is an exciting time but it can also be an expensive one. Starting a family is exciting, but it can also mean big changes to your lifestyle and your finances. As expecting parents, it’s natural that you may have a lot of questions around family finance planning, or how to manage work … Read more
What exactly does responsible investment mean? Is there trade-off between ESG considerations (investing responsibly) and investment returns? Read on to find out more. A growing number of Australian investors are taking a responsible approach to their investing, quite possibly without even realising they’re doing so. That’s the reality of a rapidly evolving global investment universe, … Read more
Key Points: Never use the same password or variations of the same password, utilise different numbers and letters with a mixture of capital and lower case letters Online quizzes may be fun but usually there is a catch, and that catch can be your personal data Scammers either attempt to build rapport with their targets … Read more
Dr Shane Oliver – Head of Investment Strategy and Chief Economist, AMP Capital Introduction Shares had a strong start to the year seeing gains into early February around or above what we expect for the year as a whole. But we still expect that it will be a volatile year given that: the process of … Read more
