In this update, Bob Cunneen, Porfolio Specialist, reviews events in markets during August.
He discusses:
- August featuring only mild gains for global shares
- How positive and improved US economic activity has “strengthened” the case for increasing US interest rates
- China’s economic activity showing signs of stabilizing, and
- Australian shares slipping by 1.6% in August and the softening of the Australian dollar.
Read the 2016 September Monthly Economic Update here.
Watch the MLC Economic update – September 2016 video below.
https://youtu.be/vr-nMcXwGEM
7 September 2016
By Bob Cunneen
Portfolio Specialist