In this update, Bob Cunneen, Porfolio Specialist, reviews events in markets during December.
He discusses:
- Another month of strong performance in global share markets, buoyed by optimism about the Phase 1 trade deal between the US and China.
- America and Australia have cut interest rates three times this year
- The Australian Share market was up 3%
- The Australian economy requires more support, to encourage spending
Watch the MLC Economic update – December 2019 video below.
10 December 2019
By Sinead Rafferty
Portfolio Specialist