Be the first to like this
This is an economic commentary by Simon Ibbetson of 359 Australia. In this commentary Simon states that it has not been a good start to the year, so much for the January effect, with losses in the month at least 3%, depending on which market. Subsequently, we have seen equity markets rebound and recover around two thirds of the losses experienced this year. (The NASDAQ is positive for the year). The forecast volatility will likely remain with this year as some of the unresolved issues which were put on the back burner come to the fore.