In this update, Bob Cunneen, Porfolio Specialist, reviews events in markets during September.
He discusses:
- The global share market had a negative return of -2.7% in September, after sharp gains in August
- The number of global new COVID-19 infection cases is nearing 300,000 per day
- The Australian share market had a negative return of -3.7% in September
- The Australian economy is making a slow recovery, dependent on containing the virus
Watch the MLC Economic update – October 2020 video below.
https://youtu.be/rGiVICVYaAA
October 2020
By Sinead Rafferty
Portfolio Specialist