About every six months AXA Australia publish an interpretation of what has been happening in the local markets and economy in the context of the global economy. Of the many commentaries published by Australian product providers the AXA guide is one I feel is most written in plain, accessible language.
The latest AXA Guide to Investment Markets, dated June 2011 is titled “Understanding the ups and downs”.
Among the topics covered in the latest guide are:
- Global debt
- Surging commodity prices
- “Two-speed” economy in Australia
- Australian dollar