Morningstar Market Commentaries for June/July 2010

June/July 2010 Morningstar Brief Market Commentaries

Rabobank's market commentary, brought to you in conjunction with Morningstar, provides an overview of current cash, bond, property and equity market performance as well as some future predictions.

Outlook for Investment Markets

It's been a month of two halves, the first dominated  by fears of sovereign debt defaults, and the second by some recovery in  investor confidence. Asset classes evolved as expected in these circumstances, 'safe  haven' assets such as government bonds and gold doing well in the first period,  and riskier shares, property, and lower-quality credit doing better in the  second half. The outlook from here is still uncertain, but provided the  financial sector springs no more major adverse surprises - an important 'if' -  the ongoing recovery in the global economy should prove supportive  for growth assets.

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Morningstar
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