Please click the link below to view Shane Oliver’s views on the recent volatility in share markets.
Key points covered are;
- Global, and particularly Australian shares have seen a bit of a pull back over the last month which could have further to go in the short term.
- However, what we are seeing is likely a correction as opposed to a new bear market.
- From a fundamental point of view the cycle still looks okay with no sign of the overvaluation, overheating economic conditions, onerous monetary tightening or investor euphoria that normally precedes major bear markets.
