Economics & Markets

Quarterly Briefing - June 2021

By AMP Capital

The economic backdrop became more complicated as the June quarter progressed. However, global shares continued to rise significantly in the quarter as markets were buoyed by the ongoing global economic recovery, vaccine rollouts and massive fiscal stimulus programmes in place. In New Zealand, economic activity has recovered to pre-pandemic levels much quicker than its peers, supported by a successful health response in concert with highly stimulatory monetary and fiscal policy efforts.

Read more on the global economy, global markets and the New Zealand economy in our Quarterly Briefing for the June 2021 quarter. It includes a look at asset strategy from Michael Gray, our Head of Investments in New Zealand, a fixed income perspective from Carrick Lucas, Senior Portfolio Manager, and comment on New Zealand equities from Shane Solly at Harbour Asset Management.

Quarterly briefing

In this edition more on our outlook for the New Zealand and global economies, and across asset classes.

  • Economics & Markets
  • Quarterly Briefing
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Important notes

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.

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