Why AMP says share markets ‘can continue to rally’ in FY25
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Now that we’ve entered FY25, it’s time to think about where the general direction of the market is heading. The S&P/ASX 200 Index (ASX: XJO) has drifted less than 2% into the green this year to date.
Meanwhile, AMP Ltd (ASX: AMP) shares have caught a bid this year and have held gains of 17.5%, despite trending lower since June.
The firm remains optimistic about the continued rally in share markets in FY25.
According to Dr Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Investments, the past financial year saw robust returns for investors.
These were driven by falling inflation, central banks cutting rates, and better-than-expected economic conditions.
“There has been a wall of worry for…
