Oliver's Insights - Review of 2010 and outlook for 2011
This note provides a review of 2010 and our outlook for 2011, both in terms of underlying macroeconomic conditions and investment markets.
The key points are as follows:
- 2010 has been a somewhat disappointing year for investors, with a continuing economic recovery but various global macro scares resulting in a constrained and volatile ride for share markets and other related investments.
- 2011 is likely to see global growth continue and this, combined with attractive valuations and easy money, is likely to underpin a renewed acceleration in the recovery in shares and other growth-oriented investments. This should see a return to solid investment returns for superannuation investors in 2011.
