Focus on inflation as 2017 nears

December 2016

Stewart Brentnall explains what’s happening in markets and the risks ahead.

In his end-of-year update on financial markets, ANZ Wealth chief investment officer Stewart Brentnall outlines current themes impacting ANZ’s strategy and maybe your investments.

In November and early December 2016 we’ve seen developed-market shares stage a strong rally. This is particularly evident in the US, where we’re seeing bull-market activity drive major markets to highs we haven’t seen since 1999.

The key question facing investors now is how this will affect rate policy in the US and Australia. Expectations are we’re set for some change in this area though monetary policy will remain easy for an extended period across developed economies.