Outlook for Investment Markets
A combination of more sharemarket-friendly buying demand from investors and better economic prospects suggest that the broad outlook for international shares continues to remain positive. The outlook for the New Zealand sharemarket and corporate profitability looks reasonably upbeat. Businesses are significantly more confident about the outlook, and have reported stronger actual levels of activity. The Kiwi economy looks to be picking up some modest head of steam. The outlook for income assets continues to be for ongoing low yields, as has now been the case for some time.
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