While pension funds’ high exposure to equity markets sparked concern in early August amid significant market volatility, AMP Chief Economist Shane Oliver explained that growth assets such as equities offer superior long-term returns, despite their susceptibility to volatility. In the latest market note, Oliver said recent market volatility, fueled by …
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BlueScope Steel warns ‘high volume of steel’ is leaving China and flooding Australian and overseas markets
A prolonged downturn in China’s housing market will have significant effects on the finances of the Australian government and the local steel industry, economists have warned. The Asian superpower’s real estate sector has been seen as a pillar of economic growth until 2020, when China instituted some of the world’s …
How the Deflation Act Sparked a Manufacturing and Clean Energy Boom in the US
Monica Muñoz, top, and Denise Denning place black encapsulating material on solar panels at Elin Energys solar panel manufacturing facility, Thursday, April 25, 2024, in Brookshire. Brett Coomer | Hearst Newspapers | Getty Images The deflation act sparked a manufacturing boom in the US, mobilizing tens of billions of dollars …