Household risk appetite and shares

Advertisement

The RBA has released its quarterly Bulletin. It contains lot’s of goodies but one that caught my eye was a new study of the shift by households from equities to bank based saving driven by decreased risk appetite. It reads a bit like a broker’s report in its recommendation of shares over the long run but still contains some good charts. Worth a quick look.

bu-0612-4

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.