Financial Planning News

The Trump bump and shares

By February 21, 2019No Comments1 min read

Please click the link below to view Shane Oliver’s views on the current state of sharemarkets.

The key points raised are :

  • The political scandal around President Trump is likely to speed up, rather than stop his pro-business reforms
  • However, after a strong run, shares remain vulnerable to a short-term correction with worries around Trump, North Korea, The US Fed, etc, providing potential triggers
  • But with most share markets offering reasonable value, global monetary conditions remaining easy and global growth and profits looking good the trend in shares is likely to remain up.

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