In this update, Bob Cunneen, Porfolio Specialist, reviews events in markets during February.
- Caused by Coronavirus, we have seen very sharp negative returns for global share markets
- The S&P index fell 11% and the ASX 200 fell nearly 10% in the final week of February
- So far we have seen negative returns in 2020, after an extraordinary 2019 , seeing the Australian Share market deliver a 24% return
- Coronavirus is a significant but temporary setback for investors
Watch the MLC Economic update – March 2020 video below.
12 March 2020
By Sinead Rafferty