The attached edition of Oliver’s Insights provides a summary of key views on the economic and investment outlook in simple point form. The key points are as follows:
– 2013 is likely to be another good year for investors underpinned by a lessening in tail risks, very easy global monetary conditions and improving global growth.
– Watch global business conditions PMIs, European bond yields, Chinese money supply growth, the $A and Australian housing indicators.
– Australia will likely continue to grow, but could go through a rough patch as mining investment slows, before picking up pace during the second half.
– There is always a cycle and investors should avoid the crowd. Right now the cycle is moving away from cash and bonds in favour of equities and growth assets.
To read this edition of Oliver’s Insights, click here.
