By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 41 2015 Key points: 2015 has been a messy year for investors as worries about China, emerging countries and the Fed caused volatility and uneven returns across asset classes. Australian shares continued to underperform. 2016 is likely to see continued okay but uneven global... Read more
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 40 2015 Key points: Worries about the Fed’s first interest rate hike, which is now likely to be in December, may cause more volatility in share markets in the near term. However, there are several reasons not to be too concerned about the Fed:... Read more
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 39 2015 Key points: The more we are exposed to information about how our investments are performing, the greater the risk that we will be disappointed and at risk of making poor short term investment decisions. The greater access to information around short term... Read more
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 36 2015 Key points Australian housing remains overvalued and this has one hand in hand with high household debt. Against this, supply has been constrained and there has not been a deterioration in lending standards. The hot Sydney and Melbourne property markets are showing... Read more
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 35 2015 Key points Risks regarding China and the Fed may be receding a bit for now but there remains plenty to keep an eye on including the risk of an “accident” flowing from slower emerging market growth and the plunge in commodities. However,... Read more
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 34 2015 Key points Investing during times of market stress and volatility can be difficult. For this reason it’s useful for investors to keep a key set of things – call them rules – in mind. The key rules, in my view, are: make... Read more
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 33 2015 Key points Periods of declines and volatility in share markets are a normal part of the way they work. Share market falls tend to be deepest when associated with recession (particularly US recessions). Share market falls boost the medium term return potential... Read more
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 30 2015 Key points A perfect storm of factors led by China worries have caused turmoil in shares. Our view remains that what we have seen is likely to be a correction (albeit severe) rather than a new bear market. It’s too early to... Read more
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 29 2015 Key points Uncertainties regarding China, commodity prices, emerging countries and the Fed could see the correction in shares go further in the short term. A disappointing start to the Australian profit reporting season is also not helping Australian shares. However, this looks... Read more
By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 28 2015 Key points Over long periods of time shares and other growth assets deliver for investors via the power of compound interest. However, cyclical swings can frequently throw investors off and reacting to periods of poor returns by moving to cash only locks... Read more