- Pockets of optimism evaporated in Australia
- The US is powering ahead
- Europe appears to be approaching stalling conditions
While the US has good economic arguments for the rebound that occurred in its stock market over the latter half of August, the same cannot be said for Europe and Japan. The indicators we track suggest Europe is approaching stalling conditions while the economy in Japan post the April sales tax hit is crawling back at best. China remains muted economically as the leadership steers it towards more sustainable, consumption driven growth. In Australia, pockets of optimism evaporated leaving our assessment squarely at Neutral.
Here is the full report: Australian Ethical Global Macroeconomic Assessment
Media Enquiries:
Nathan Lim CFA
Portfolio Manager
Australian Ethical Investment
(02) 6201 1971
0400 300 819
nlim@australianethical.com.au