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As 2020 came to a close, I attended AMP Capital’s 2020 review and outlook for 2021, titled From Pandemic to Recovery,” at which the star speakers were the firm’s chief economist, Shane Oliver, and senior economist, Diana Mousina. Oliver began by acknowledging that 2020 “had certainly been an unprecedented year for Australia and global markets,…
Turnaround: markets look past recession to the future, AMP in hot demand, another positive lead ahead The ASX 200 (ASX:XJO) staged a remarkable recovery, adding 1.8% even as we received confirmation that the economy had contracted by 7% in the June quarter. The rally was broad-based with industrials and materials improving on the back of…
The ASX 200 (ASX:XJO) overcame a weak lead from overseas markets to finish 0.3% higher, behind another rally in Wesfarmers Ltd (ASX:WES), up 1.5%.
The ASX 200 (ASX:XJO) overcame a weak lead from overseas markets to finish 0.3% higher, behind another rally in Wesfarmers Ltd (ASX:WES), up 1.5%.
Finally, some positive action at AMP AMP Ltd (ASX:AMP): Management at AMP finally bowed to public pressure with Chairman David Murray, Director John Fraser and recently appointed CEO of AMP Capital Boe Pahari all stepping down over the weekend. Importantly, Debra Hazelton who is also a board member of the Treasury Corporation of Victoria will…
Finally, some positive action at AMP AMP Ltd (ASX:AMP): Management at AMP finally bowed to public pressure with Chairman David Murray, Director John Fraser and recently appointed CEO of AMP Capital Boe Pahari all stepping down over the weekend. Importantly, Debra Hazelton who is also a board member of the Treasury Corporation of Victoria will…