While the overall results looked mildly positive, there were some warning signs in the latest reporting season, for specific sectors and the outlook for the ASX in general.
AMP Capital’s renowned economist Shane Oliver breaks down these results to reveal:
- Which sectors performed well and which look disappointing
- Why investors should be nervous about dividends going forward
- Why the Australian economy continues to grow despite downturns in retail and housing, and
- Where to invest as the outlook sours.