Shane Oliver is the chief economist at AMP Capital. He recently wrote the enclosed article and some of the points he made really resonated with us.
He explains the state of the global economic recovery and how global share markets have reacted. The chances of a recession in the US and Europe have increased, and Shane explains why this is the case and what his views are of the likely outcome. If he is right, and we do share his view, it seems likely that there will be some very good opportunities to pick up some very well priced assets as the volatility remains.
Questions? or give your Altus Adviser a call.
For the full article, click here.