In this update, Bob Cunneen, Porfolio Specialist, reviews events in markets during December.
He discusses:
- The major themes, which continued to be Trump’s promises of corporate tax cuts and infrastructure spending, as well as political risks in Europe
- How global shares made strong gains as US shares surged to record highs, and
- How Australian shares performed well as stronger iron ore and oil prices supported the Resources sector.
Read the January 2017 Monthly Economic Update here.
Watch the MLC Economic update – January 2017 video below.
11 January 2017
By John Owen
Portfolio Specialist