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In this brief Note, we consider the implications of this outcome on policy, the US economy and society, trade and foreign policy, and for investors.
In late 2019, Steven Carew and Gary Wilson travelled to the US and UK as part of JANA’s ongoing capital markets research program. In addition to macro and markets research, the main objective of this trip was to review active asset allocation strategy within a multi asset portfolio context.
Australia has been a major beneficiary of the economic rise of China, particularly the urbanisation and massive surge in fixed asset investment that has led to a once-in-a-century mining boom. The benefits for Australia from the mining boom have been experienced through higher wages, capital investment, economic growth and tax revenue.