August Adds To The Recovery Story
August saw markets continue to make gains and new highs were reached in the US in particular. Globally, world indices have almost regained their January 1st levels, despite the most dramatic downturn in the real economy, and the ongoing challenges from the COVID-19 pandemic.
The real economy is getting back to work and much of the data we saw in August demonstrated that the world economy is on a solid trajectory. That said investors face multiple uncertainties as we enter the latter part of the year.
Read more in our latest Market Update.