Reading Time: 3 Minutes This was a question posed in our investing group recently. It’s a little facetious I know, because Covid-19 undoubtedly DID happen – just look around you to see how the world has changed. But what the question was regarding, is the fact that the markets – the Australian stock market (ASX) to be specific, is charging full steam ahead for a V-shaped recovery. Case in point, there are now stocks whose prices are above their pre-covid levels! Stock A (well-known iron ore producer) Stock B (lesser well-known IT company) Of course, these are only two companies – but if I dig deep enough, there are…
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Jobs, Jobs, Jobs
Reading Time: 2 Minutes Hey what’s up everyone! There’s been many prickly issues which have popped up as a result of COVID-19. A major one of course, is jobs. Or rather, job loss. Some estimates state almost 1 million Aussies have lost their jobs, implying a jump in the April unemployment rate to 11% (for context, March was 5.2%). Ouch. Today’s post is on some insights into the current Australian job market in the midst of this pandemic. Thanks to Indeed for these stats! Supermarket jobs FTW A big surprise has been the sharp spike in searches for supermarket jobs… then again maybe not. Seems like two of the major “beneficiaries”…
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When to Invest in this Current Market?
Reading Time: 3 Minutes What’s up people! Hope we are all having a well deserved Easter break. It’s the 4-day Long Weekend here in Oz, and I for one NEED it. Now I think it’s safe to say that most people have been caught up in the stock market rollercoaster recently. Certainly our superannuation (a kind of 401k to my American friends), has taken a whopper of a hit. But currently, there seems to be a bit of normality which has resumed. Indeed, the US stock market has been fairly bullish since it’s lows in late-March. So is now a good time to invest? Is It? Um, let me just…
