The ASX All Ordinaries Index is continuing on its recovery path. The index has increased by about 4.5% for the period.

The performance is encouraging but still the Australian Share Market continues to underperform the S&P 500 and the major European markets.

The themes outlined in the October commentary and are not disappearing, briefly, those themes wer

It’s been a long, albeit, slow recovery with the ASX All Ordinaries October quarter closing up 6% at 4852. While it’s definitely a step in the right direction, the recovery isn’t matching the levels experienced back in March this year.

Six months ago Australia was in a strong trade position. Exports were healthy and our growth was looking good com