AMP Capital's Investment Brief for April 2009 in the RaboPlus Investor Centre

April 2009 Investment Brief

The flow of global economic data improved, reducing the risk of an ongoing downward spiral in economic activity. Across a range of indicators, there were signs of some improvement from deeply depressed levels, suggesting that after spiralling downwards over the December and March quarters, the global economy showed some preliminary signs of stabilisation in the current quarter

Global Outlook - It's good to see tentative signs of stabilisation in global economic activity, as it greatly reduces the chance of a downward economic spiral, but the days of sustainable, robust global growth are still far away. We continue to look for some economic recovery in the second half of this year.

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AMP Capital Investors

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