Summary: The G20’s emphasis on boosting global growth includes a plan to mobilise investment capital into infrastructure projects, which will offer more investment choices in coming years. In terms of energy, as the world becomes more energy efficient, a surplus of energy will depress prices. In agriculture, dairy will be the biggest beneficiary of the FTA with China that was signed after the G20.
Key take out: Low-cost energy producers will use cash flows to pay high dividends, meaning BHP could become an income stock.
Key beneficiaries: General Investors. Category: Economics and investment strategy.