Davy Research

Market Analysis

Global equities add 0.5% in May with political uncertainties hurting
Market Analysis

DAVY VIEW

The MSCI AC World Index followed its strong April (+1.7%) performance, advancing a further 0.5% (-0.1% year-to-date) in May. The growth was against a background of significant political uncertainty in Italy and Spain, with trade war concerns also dampening sentiment.

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