AMP Oliver’s Insights – Review of 2018, Outlook for 2019
AMP’s Dr Shane Oliver takes a look at the year that was, and what might come in this edition of Oliver’s Insights.
Dr Oliver summarises the key points as follows:
-
2018 saw reasonable global economic and profit growth and still low interest rates but it has been a rough year for investors with worries about the Fed, trade wars and global growth causing volatility and poor returns.
-
2019 is unlikely to see the plunge into recession many fear with growth likely to stabilise supporting profit growth, the Fed is likely to undertake a pause in rate hikes and global monetary policy is likely to remain easy. The RBA is expected to cut interest rates.
- Against this backdrop, share market volatility will likely remain high but markets should start to improve through the year.
-
The main things to keep an eye on are: the risks around the Fed, US/China tensions, global growth, Chinese growth and the property price downturn in Australia.
You can access a copy of this edition of Oliver’s Insights here:
Comments are closed.