What influences the share market?
The performance of the Share Market has surprised and delighted many advisers until late November, but now they are nervous.
A number of factors influence the share market. In Australia, our market is heavily affected by the movement in markets overseas, particularly the USA. Australian government stimulus since March 2020, has encouraged optimism among Investors.
Earnings growth is another driver of share prices. Many Australian companies have seen strong earnings growth despite pessimistic forecasts in 2020.
Read more about why the share market is strong from Michael Knox
The information in this article is general in nature and might not be right for your circumstances. Please arrange a meeting with one of our Accountants to discuss your particular needs.
