Market Wrap - September 2021
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Australia’s Covid vaccination rate is now around 67% fully vaccinated. On the current trajectory, enough vaccines should have been administered to enable restrictions in Sydney and Melbourne to be lifted completely by the end of 2021.
With the next Federal Election little over six months away, a relaxation of the restrictions and a full re- opening of the economy is becoming increasingly important politically.
Recently we’ve seen some wild volatility in share markets across the world due to the pandemic and military conflict. We examine what’s going on, the drivers be- hind the price swings and how long they could last. Importantly, we consider what volatility could mean for your retirement savings.
December saw an uptick in Covid infections worldwide. Daily case numbers in the US topped one million for the first time, underlining the ongoing challenge of the pandemic.
