The Australian equity market (as measured by the S&P/ASX 200) continued its upward trend to record a ninth straight positive month, returning (+2.3%) in the month to take the June quarter to a strong (+8.3%). The Financial-Year posted an extraordinary (+27.8%). 

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It’s fair to say it’s been quite an unbelievable period since our last update.

Ups and downs in virus numbers, declining hospitalisation and death rates in most jurisdictions, particularly those with heightened vaccination rates, some of the largest quarterly economic growth numbers on record, surging inflation in the USA and concerns regarding inflation in other countries, all whilst central banks attempt to reassure investors regarding their plans, and geopolitical risks rumble in the background.

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