July Economic Update with Bob Cunneen

Share markets up, but economic concerns remain: what’s going on? Markets have been buoyed by central bank and government support for economies. However, COVID-19 remains a threat and economies are still fragile. Bob Cunneen, Senior Economist at MLC Asset Management, discusses these points in the July Economic Update. Watch the video >>

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Market Update – July 2020

Highlights: Since the initial outbreak, COVID-19 has spread to over 210 countries, and estimates indicate it could trim global economic growth by between 3.0% to 6.0% in 2020. Cyclical indicators including PMIs and unemployment rates remain weak but are improving, bolstering the market’s hopes of a speedy recovery. Some countries and US states reversed course…

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