Kim’s bomb the bleak balance for the upbeat

Original article by Vesna Poljak
The Australian Financial Review – Page: 20 : 4-Sep-17

Shane Oliver of AMP Capital says there is potential for equity markets to experience a correction, although this could depend on the response to North Korea’s test of a hydrogen bomb. Meanwhile, Oliver says profit growth in Australia remains significantly lower than in the US, Europe and Japan. He anticipates GDP growth of 0.5 per cent for the quarter and 1.5 per cent growth year-on-year. A survey by Bloomberg shows that the general consensus is for GDP growth of 0.7 per cent for the quarter and 1.8 per cent for the year to June.

CORPORATES
AMP CAPITAL INVESTORS LIMITED, RESERVE BANK OF AUSTRALIA, BETASHARES CAPITAL LIMITED, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s