In this update, Bob Cunneen, Porfolio Specialist, reviews events in markets during May.
He discusses:
- Australian shares delivering a disappointing monthly performance
- US and European share markets making solid gains in May
- The political risks in Europe, the Middle East and North Korea as key themes driving markets, and
- President Trumps’ bold promises of corporate tax cuts and higher infrastructure spending continuing to be supportive of US shares
Read the June 2017 Monthly Economic Update here.
Watch the MLC Economic update – June 2017 video below.
7 June 2017
By Bob Cunneen
Portfolio Specialist