John Owen, Portfolio Specialist, discusses the global share market recovery, why caution is still waranted from an Australian perspective and how MLC’s portfolios are positioned.
In the latest update, John reviews events in markets during October.
He discusses:
how share markets performed strongly in October, going some way to recovering the losses of the previous two months
the reassuring comments and action by central banks to ease monetary policy were undoubtedly important factors behind the markets’ recovery
why caution is still warranted from an Australian market perspective, and
how MLC’s multi-asset portfolios are positioned.