Global economic activity has grounded to a halt, prompting fears the world is in for a re-run of The Great Depression. While there might be similar scenes, the parallels are not as strong as you may think. Without a doubt, countries worldwide are in for sharp, deep...
The fallout from COVID-19 has led people to wonder what’s in store for the global economy and are we headed for a recession? The last major global recession happened in 2008, commonly referred to as the ‘Great Recession’ which saw some of the worst unemployment rates...
The Coronavirus is slowly jumping international borders after its initial spread in China, and markets have not been immune to its impact. Coronaviruses are a large family of viruses which have long been known to create illnesses. There is currently a new coronavirus...
What is the ASX? ASX stands for Australian Securities Exchange (not stock exchange like many people think). How does it work? The ASX provides a market for people to buy and sell shares in the companies listed on it. If the company does well, the investors (those who...
Key points 2019 saw growth slow, recession fears increase and the US trade wars ramp up, but solid investment returns as monetary policy eased, bond yields fell and demand for unlisted assets remained strong. 2020 is likely to see global growth pick up with monetary...
Australia Australian interest rates were lowered by 0.25% to 0.75% in October but left unchanged in November. Most observers expect borrowing costs to be lowered further in the next few months. The latest reading of Australian consumer confidence fell unexpectedly...