In the latest update, Ben reviews events in markets during September.
The topics he discusses include:
- why the move upwards in global sharemarkets masks growing uncertainty about views on the global economy
- how in Australia lower interest rates are improving consumer confidence and spending, but unemployment is trending higher
- how the investment environment remains difficult and risky, with policy risks in nearly all key economies, and
- why the problem for investors is the lack of well-priced mainstream asset classes.
Watch the MLC Economic update – November 2013 video below.
By Dr Ben McCaw
Portfolio Manager, MLC Investment Management
10 October 2013