Market and Economic Update – June 2017 Aurora Financial Group
Summary of key points The main drivers of returns are equity market returns. In turn the main drivers of returns on equities are low bond yields (even though these will have a tendency to rise) and reasonably solid earnings growth. Over the latest month, equity...
Market and Economic Update – May 2017 Aurora Financial Group
Summary of key points Equity market valuations have improved in the USA, Australia and Europe as bond yields declined and long term earnings per share growth improved. China is taking steps to carefully rein in its credit growth without triggering too sharp a...
Market and Economic Update – April 2017 Aurora Financial Group
Summary of key points There has been some sound and fury in the financial markets but it has signified nothing much. The Trump administration was rolled by its own party, failing to get its healthcare change through Congress. Equity markets wobbled at the thought that...