Shane Oliver, Head of Investment Strategy and Chief Economist.
The following note looks at a list of lists regarding the macro investment outlook in 2018.
The key points are as follow:
- 2018 is likely to remain good for diversified investors. The investment cycle still favours growth assets over cash and bonds. But expect more volatile and constrained returns as US inflation starts to turn up.
- Watch US inflation, bond yields, President Trump, the Italian election, China, the Sydney and Melbourne property markets and global business conditions PMIs.