Global shares had another rough week on worries about global growth and as the Ebola scare continued to build
Global shares had another rough week on worries about global growth and as the Ebola scare continued to build. Despite a rally in US and European shares on Friday most share markets fell with US shares down 1% for the week, European shares down 0.8%, Japanese shares down 6.1% and Chinese shares down 1.4%. However, Australian shares having led on the way down, managed to rise over the last week as investors started to look for bargains. 8% yields on Australian banks are hard to resist. While doom and gloom is now rife, there are some signs that shares may be at or close to a low. Full weekly market wrap: (VIEW LINK)