Friday 21 June 2024

AMP Swiftonomics explainer, “Will Taylor Swift shake off Aussie consumer gloom”?

AMP (ASX:AMP) Chief Economist Shane Oliver Swiftonomics explainer, “Will Taylor Swift shake off Aussie consumer gloom?”

Dust off your cowboy boots and grab your best friend – the Taylor Swift Eras Tour – is landing in Australia this weekend. But with rising interest rates and cost-of-living woes dampening consumer spirits, will the queen of pop be able to shake off the consumer gloom? Joining The Stock Network’s (TSN) Lel Smits to discuss is AMP’s (ASX:AMP) Head of Investment Strategy and Chief Economist, Shane Oliver.

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0:00-0:55: Introduction
0:55-2:04: Swiftonomics
2:04-3:33: What will reignite retail therapy?
3:33-4:28: Stock market disconnect
4:28-5:39: Rate cuts
5:39-6:03: Conclusion

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