Gear Up for The Upswing in October
Month after month of dismal economic data has given way to signs that the global downturn is finally coming to an end. Singapore has emerged from a recession in the second quarter after four straight quarters of contraction. China seems poised for a recovery, as the emerging powerhouse continues to churn out figures that are increasingly “less bad”.
Shane Oliver, head of investment strategy at AMP Capital Investors, is looking for opportunities against the backdrop of positive economic data.