• LinkedIn
Godfrey Pembroke
(08) 8456 9020 Get in touch
  • Home
  • About us
    • Our team
    • About Godfrey Pembroke
    • Our philosophy
    • How we work with you
  • Client experience
    • Our clients
    • Testimonials
    • Financial Services Guide
  • Active advice
    • Our fees
    • Trust and transparency
  • Our specialisations
  • Resources
    • Useful Links
  • News
    • Monthly Market Update
    • Monthly Economic Update by MLC
    • Investment Insights
    • MLC Scenario Insights & Portfolio Positioning
    • Federal Budget
  • Contact
Godfrey Pembroke Heading Image

2020 June Monthly Economic update

June 23, 2020 by Anthony Joseph Brosnan

In this update, Bob Cunneen, Porfolio Specialist, reviews events in markets during May.

He discusses:

  • Global shares performed a strong 4% gain in May
  • India, Iran and South America are still seeing a high acceleration of virus cases
  • Surprisingly, the Australian share market made a strong 4.6% gain in May
  • The Australian economy looks as if it is in a recession – we saw dramatic falls in employment and retail spending, and a rise in the underemployment rate. However, the share market is anticipating a recovery

Watch the MLC Economic update – June 2020 video below.

https://youtu.be/7xOZEwEPczI

15 June 2020
By Sinead Rafferty
Portfolio Specialist

Filed Under: News Tagged With: Monthly Economic Update by MLC

Contact Our Office

Level 9, BDO Centre
420 King William Street
ADELAIDE SA 5000

(08) 8456 9020


Click here for a map of parking and transport options around our office.

About Us

Financial advice specialists Success brings new opportunities, but it also creates new challenges. As your financial situation becomes more complex, you need sophisticated strategies to make the most … Read More

Our services

Aged care planning SMSF’s and retirement planning Cashflow management Portfolio structuring and tax management Estate … Read More

  • Advice warning
  • Legal notice
  • Complaint resolution
  • Privacy Policy
  • Sitemap

Copyright © 2025 First Principles Financial Planning .
Wordpress Website by The DMA

  • LinkedIn

First Principles Financial Planning are authorised Representatives of Godfrey Pembroke Group Pty Ltd (Godfrey Pembroke), ABN 38 078 629 973, Australian Financial Services Licensee 245451.

Godfrey Pembroke Godfrey Pembroke