Victim not the bear
27th June 2022 MPF HALF YEAR LOSSES EXPECT TO TOTAL $150BN AS SLIDE CONTINUES IN JUNE Key points are as follows: Major global equity markets leading MPF to another monthly loss. June’s estimated MPF monthly, quarterly and year-to-date investment losses are estimated to be -$23.1bn, -$72.6bn and -$148.8bn. After factoring in MPF contributions, June’s average MPF member account balance is […]
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