Our share market finished flat for August while overseas, the US and UK exchanges both finished down about 3.6%.
The Volatility Index remains above average indicating that we could expect to see higher rates of movement and uncertainty in the share market over the next month. The index had been dropping since June but jumped late last month as inflation fears around the world increased.
Year to Date, the Australian market is down 9%, the US down by 14% and the UK by only 1.3%.