Advance Asset Management RON MEHMET June 2015 S&P 500 Source: - PowerPoint PPT Presentation

Advance Asset Management RON MEHMET June 2015

S&P 500 Source: RBA, Bloomberg, AMP Capital Source: Factset, JP Morgan ‹#›

SOURCE OF EARNINGS Source: S&P JP Morgan, Factset ‹#›

CORPORATE BALANCE SHEETS Source: S&P JP Morgan, Factset ‹#›

CAPITAL FLOWS: CORPORATE SHARE BUYBACKS Source: CapitalIQ and Advance Asset Management ‹#›

GLOBAL BOND – SUPPLY AND DEMAND Source: Bloomberg, IMF, JP Morgan ‹#›

EUROPEAN GOVERNMENT YIELDS AND FISCAL POLICY Source: Bloomberg, IMF, JP Morgan ‹#›

EUROZONE MONEY METRICS Source: CapitalIQ and Advance Asset Management ‹#›

BANK DEPOSITS – EU PERIPHERY Source: CapitalIQ and Advance Asset Management ‹#›

CHINA: LENDING AND GROWTH Source: Bloomberg, IMF, JP Morgan ‹#›

CHINA - ELECTRICITY OUTPUT ‹#›

POST GFC HOUSE PRICE MOVEMENTS... Source: OECD, Goldman Sachs, & Advance Asset Management ‹#›

AUSTRALIA PERSONAL SAVINGS RATE 
 SINCE 1959 ‹#›

AUSTRALIAN DIVIDEND YIELDS V BANK DEPOSITS Source: RBA, Bloomberg, AMP Capital ‹#›

BANK SECTOR INDEX WEIGHTS Source: Factset and Advance Asset Management ‹#›

SUMMARY AND RISKS • EU and a possible “Grexit” � • US rate hike cycle � • QE in China � • End of the mining boom � • Global deflationary pressures ‹#›


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