Quarterly Strategic Outlook - April 2019
The global economy is in a soft patch. The key headwind is the politics of trade and the slow progress being made in resolving outstanding tensions. The tailwind is that labour markets are still in good shape, employment growth remains robust and wage growth is nudging higher. However, we see the current weakness in growth as temporary, and believe stronger activity data will be emerging from mid this year.
Read more on our outlook for the New Zealand and global economies, and across asset classes, in the April edition of Quarterly Strategic Outlook.
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Important notes
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This article has been prepared to provide general information and does not constitute 'financial advice' for the purposes of the Financial Advisors Act 2008 (Act). An individual investor should, before making any investment decisions, consider the information available in the relevant Product Disclosure Statement and seek professional advice. While every care has been taken in the preparation of this document, AMP Capital Investors (New Zealand) Limited and the AMP Group (together, 'AMP') make no guarantee that the information supplied is accurate, complete or timely and do not make any warranties or representations in respect of results gained from its use. The information is not intended to infer that current or past returns are indicative of future returns. The views expressed are those of the author and do not necessarily reflect those of AMP. These views are subject to change depending on market conditions and other factors.