In this update, Bob Cunneen, Porfolio Specialist, reviews events in markets during October.
- The American share market fell 2.7% and European share markets fell 5% in October – largely caused by the threat of the virus
- Joe Biden has won the US Presidential Election
- The Australian share market made a positive gain of almost 2% in October
- Signs of an Australian economic recovery are still a few months away
Watch the MLC Economic update – November 2020 video below.
By Sinead Rafferty