The Trump bump and shares

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.