Global equities have had a strong rebound led by a remarkable performance from the US share market. US equities (S&P500) are now above their pre-COVID-19 February highs with a trough to peak rebound of 50% in just over 5 months.
Outside of the US, market rebounds have been solid but less dramatic, with flattening share market performance profiles in recent months. In our weekly macroeconomic view, we explain what is behind the dramatic US revival, the value in global emerging markets, and share our 1-2 year outlook for equities.
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The information in this communication does not take into consideration the investment objectives, financial situation or particular needs of any particular investor. Past performance is not a reliable indicator of future performance. On that basis, any advice should not be relied on to make any investment decisions without first consulting with your financial adviser. If you do not currently have an adviser, please contact us and we would be happy to connect you with a Wilsons representative.
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David is one of Australia’s leading investment strategists.