Lonsec Market Commentary – December 2016
The Australian market ended on a high note, with the Santa rally in full swing.
The US market still appears unbreakable, with the S&P 500 TG Index adding 4.05% in December. Valuations, while not at egregious highs, are making investors wary.
With a paucity of local data over the Christmas break and no RBA meeting in January, investors were allowed a short reprieve from the flow of economic releases, giving them time to get their heads around 2017.
To read more, click on the below Lonsec Market Commentary for December 2016;