Business Insights Blog

The Trump Bump and shares

Around May each year I normally get a bit wary about the risks of a pullback in shares. It seems the old saying “sell in May and go away...” is permanently stuck in my mind. And of course shares have had a great run since their global growth scare “bear market” lows in February last year to their recent highs with global shares up 31% and Australian shares up 25%, and both saw good gains year to date to their recent highs of 7% and 5% respectively.

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*This blog is a direct excerpt from Oliver's Insights. You can view Oliver's Insights and learn about Dr Shane Oliver at the AMP website.

Oliver's Insights is a regular update from Dr Shane Oliver, Head of Investment Strategy and Chief Economist, AMP Capital. In Oliver's Insights, Dr Shane Oliver explores the latest issues regarding financial markets and the economy.



Any advice in this article is of general nature only and does not take into account the objectives, financial situation or needs of any particular person. Therefore, before making any decision, you should consider the appropriateness of the advice with regard to those matters.

Comprehensive Financial Solutions Pty Ltd ABN 42 086 989 639 as Trustee of the The Mobbs Family Trust is an Authorised Representative and Credit Representative of AMP Financial Planning Pty Limited