Global markets were mixed overnight, as European and Asian markets sold off, while shares on Wall Street Traded higher.
Positive sentiment during the US trading session was driven by further indications that President Donald Trump's tax-cut plan may get enough support for passage. The market is pushing higher as the tax reform gets closer to becoming a reality. As we have discussed previously, major tax reform will clearly be a massive stimulus for businesses and the US stock market, and we are watching developments as they unfold.
November has been another strong month for share market returns, with most markets moving higher and several major market indices hitting new all- time highs. Closer to home, the Australian market managed to end November with a +1.0% gain despite selling off yesterday, while the NZ market hit a fresh record...
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