I had written last week about the potential for a market correction based on this ‘x-factor’ of the coronavirus as an opportunity for the markets to take stock and remove some of the froth. Markets have had a strong run over the past 12 months where valuations are somewhat stretched. Any bad news, ... Read more
Archives for February 2020
ADVISER BLOG —CHIEF ECONOMIST FORUM SYDNEY —February 2020
I attended the Chief Economist Breakfast on Friday 7th of February and though I would share some of the insights I gained on the day with you all. I have shared, at the end of this writeup, a list of presenters and panellists and their short bios to give you an idea of the wealth of experience and ... Read more
The China Coronavirus Outbreak—Economic and Investment Market Implications —By Dr Shane Oliver, Chief Economist for AMP Capital
Please click on the link below to read this paper written by Dr Shane Oliver, Chief Economist for AMP Capital on the Coronavirus impact and likely scenarios. Coronavirus Outbreak--Economic and Investment Market Implications ... Read more
Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision-4 February 2020
Number 2020-01 Date 4 February 2020 At its meeting today, the Board decided to leave the cash rate unchanged at 0.75 per cent. The outlook for the global economy remains reasonable. There have been signs that the slowdown in global growth that started in 2018 is coming to an end. Global ... Read more
Coronavirus —A “Black Swan” Event?
A “Black Swan” event is now potentially unfolding and we have seen the market react to this most recently with falls across the globe last week. I am talking about the Coronavirus. The Australian government has cancelled all travel by Chinese people to this country, apart from those with ... Read more