Shane Oliver
Shane Oliver
assessment australian continue earnings global higher mainstream remains shares slightly stronger thanks yields
Our assessment remains that Australian shares will continue to outperform mainstream global shares thanks to a combination of higher dividend yields and slightly stronger earnings growth.
assessment bounce house mark prices start sustained unlikely
Our assessment is that house prices may have a bounce but this is unlikely to mark the start of a sustained recovery.
asian past stocks themselves turned
Asian stocks have completely turned themselves around the past decade, and they're going higher.
argued australian collapse commodity dollar europe fall few global growth impending prices seems strong stronger telling thanks time
Some have argued the fall in the Australian dollar at a time when commodity prices are still strong is telling us global growth is about to collapse. However, there are few indicators of any impending collapse in global growth or commodity prices. In fact, global growth seems to be strengthening thanks to stronger growth in Europe and Japan.
lasting relevance zealand
Developments in New Zealand are of little relevance to Australia, so won't have a lasting impact.
globally hostage largely market
Our market will be largely hostage to what's going on globally this week.
appears correction due period
A correction or period of consolidation is due and this now appears to be happening.
china commodity driving growth remains strong
The China growth story, which has been driving commodity prices, remains as strong as ever,
asian crisis far risk situation
The situation is far healthier. The risk of another Asian crisis is very low.
asian consumer fuels general japan performance picture profit shares spending
The general picture is for a substantial performance in Asian shares as consumer spending in Japan and China, in particular, fuels profit growth.
australian earnings market share strong thanks
So on this basis, and thanks to very strong earnings growth, the Australian share market is still cheap.
bank central consumer economic fuel interest prices rates rising slowing spending
Rising fuel prices will keep a lid on consumer spending for some time, slowing economic growth. The central bank will keep interest rates on hold.
global growth insulated looking mining portraying rely resources returns stocks tragic woes
Returns aren't going to be as tragic as some are portraying because the mining stocks are still looking fine. The resources stocks rely more on global growth so, to a degree, they're insulated from many of the woes afflicting our own economy.
australian close easing fed interest investors likely monetary policy quite rates renewed shifting starting toward widening wonder
U.S. interest rates are pretty close to the top. By year- end it is quite likely the Fed will be shifting toward easing monetary policy and investors will be starting to wonder about a renewed widening in the Australian and U.S. interest-rate gap.