Oliver's Insights
Oliver's Insights
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
Expect a rough ride, but better returns Dr Shane Oliver - Head of Investment Strategy and Chief Economist, AMP Capital 2022 – from Covid to inflation & surging interest rates The good news is that 2022 finally saw the world shake off the grip of Coronavirus as it transitioned from a pandemic to endemic (albeit...Read More
Dr Shane Oliver - Head of Investment Strategy and Chief Economist, AMP Capital The slump in home prices continues After surging by 28.6% from their pandemic lows early this year to record highs on the back of record low interest rates, home prices are continuing to plunge on the back of the fastest surge in...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
– balancing a revenue windfall, election promises, structural spending demands & inflation pressures Dr Shane Oliver - Head of Investment Strategy and Chief Economist, AMP Capital Diana Mousina - Senior Economist, AMP Capital Introduction The Government has implemented its election policies and expects lower budget deficits this year and next thanks to another revenue windfall...Read More
Dr Shane Oliver - Head of Investment Strategy and Chief Economist, AMP Capital Introduction Successful investing can be really hard in times like the present. Falls in share markets and other assets are stressful as no one likes to see their wealth decline and the natural inclination is to retreat to safety. From their highs...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
Here are five reasons why the RBA was right to slowdown and the top is near Dr Shane Oliver - Head of Investment Strategy and Chief Economist, AMP Capital Introduction The RBA has increased its cash rate again but slowed the pace to +0.25% which took the cash rate to 2.6%. This was in line...Read More