The global economy - bad now, but some positive signs?
By Dr Shane Oliver, Head of Investment Strategy and Chief Economist and Jason Wong , Head of Investment Strategy for AMP Capital Investors (NZ)
Key points
The depth and length of the global recession now underway will
be the key determinant of how shares and other fi nancial assets
perform this year.
Compared to the 1930s, the global policy response this time
around has been far more positive and far quicker, so a rerun of
the Great Depression is very unlikely.
It is early days and the fi nancial crisis is continuing but some
key signposts to global economic recovery are showing tentative
signs of improvement.
Read the full report here.