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Is It Ridiculous to Expect a Longer Business Cycle?

Robert Tipp, Chief Investment Strategist and Head of Global Bonds, PGIM Fixed Income
PGIM, January 2020

It has been nearly 30 years since Australia has had a recession, showing that it’s certainly possible for a business cycle to extend for a generation, or even longer, if it’s not stamped out by a central bank.

Our key take away is that, as growth continues and the business cycle extends, spread sector outperformance should continue.

PGIM Australia GDP Growth


@2020. For Professional Investors Only. The views and opinions of the author are as of 31/12/2019, are for informational purposes only, and are subject to change.