Quarterly Strategic Outlook - July 2019
Rising protectionism remains the greatest challenge to global growth. Trade policy and the uncertainty related to what happens next is dampening business confidence and new business investment, while the disruption to global supply chains makes for a challenging environment for global industrial production.
It’s not all bad, however. Looking out to probable market developments in late 2019, we see a better global valuation picture than one year ago on a range of measures.
Read more on our outlook for the New Zealand and global economies, and across asset classes, in the July 2019 edition of Quarterly Strategic Outlook.
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Bevan Graham, NZ Managing Director & Chief Economist-
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.