Trump's presidency could make for troubling outcomes Michael Collins Investment Commentator In 1988, Donald Trump paid US$407 million (A$545 million) for New York’s elegant Plaza Hotel, which he boasted was the “Mona Lisa” of hotels. As a New Yorker, Trump ... Read more
Archives for February 2017
Where are we in the global investment cycle? What does this mean for investors? —By Dr Shane Oliver, Chief Economist for AMP Capital
09 February 2017 Key points We are still a long way from the peak in the investment cycle. There is little sign of economic excess globally: underlying inflation is low; spare capacity remains; there is no sign of overinvestment; credit growth is modest; monetary conditions are not ... Read more
Into the Unknown — by Joachim Fels, Andrew Balls, PIMCO
We assess three global economic scenarios for 2017. A U.S. President-elect Donald Trump, a euphoric market response and a resounding “No” to Italian constitutional reform – the stage was perfectly set for lively discussions when PIMCO’s investment professionals gathered in Newport Beach or in front ... Read more
Is Donald Trump’s honeymoon with investors over? —Dr.Shane Oliver, Chief Economist of AMP Capital
02 February 2017 Key points Donald Trump’s presidency comes with greater than normal risks. But his policy announcements should improve in quality over time and pragmatic pro-growth policies are likely to ultimately dominate populist policies. However, the Trump honeymoon with ... Read more