"While it is too early to say if the relentless efforts from central banks and governments to support the global economy would be enough to cushion economic recession and support stock markets, underperformance of stock markets rarely lasts for a long time."
Volatility continues to dominate stock markets, with large swings and trading ranges becoming normalised on the ASX. Blue chip stocks like Cochlear dropped by $13 in just a few minutes on Monday afternoon, while the rest of the market was on track to have the best session in history, up 7 per cent.
Tuesday's biggest swings included a gain of 25.5 per cent in Credit Corp, 23.3 per cent in EML Payments, and 19.3 per cent in G8 Education.
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ASX has best day on record amid global pandemicVolatility continues to dominate markets, with the ASX200 gaining 7 per cent on Monday, after falling more than 5 per cent the previous session. QE banks selling stock to each other it will collapse filled with fake money scomo what have to allowed these crims to do ! They crashing stocks ! These guys are your mates !!! is this what aud inflation looks like?
Source: smh - 🏆 6. / 80 Read more »
Johnson & Johnson plans one billion doses of coronavirus vaccineThe company said it would start human testing by September, with an eye on having it ready under an emergency use authorisation in early 2021, far quicker than the typical 18-month period. So it's available now? bencubby And they’ll no doubt charge a fortune for each dose. Nationalize J & J. I'll bet they do.
Source: smh - 🏆 6. / 80 Read more »
Emergency 'lobster flights' to save $800 million worth of seafoodHundreds of tonnes of lobster and abalone will be flown on emergency freight flights out of Australia to stop a massive downturn across the seafood sector. ErykBagshaw And if they get turned back the baggage handlers can cook up a big pot full..... ErykBagshaw That's only about 12 lobsters. ErykBagshaw Soooo....22 X 40 tonnes of seafood. 98% exported. Exactly how sustainable is this industry, anyway?
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PM gives workers $1500 a fortnight paymentThe federal government will commit $130 billion in the next six months to support workers. 9News Sole traders are also workers. This needs greater clarification. How will you pay for this in the future-by cutting pensions, by insisting people work to 70, by further humiliating and eroding those meage unemployment payments to people you despise- these people are the curve, the undesirables Australia wishes to see die of this virus I was super excited until I read that you had to be employed by them for at least 12 months. I was 3 months into my dream job and then gone because of the virus, no lifeline for me :-(
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Casualty Ward: Pandemic causes surgery delay for Warriors duoAll the latest info on who's in, who's out, injuries and unavailability for all rosters for 2020.
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WA's $1 billion bill relief package explained — here's what it means for youThe WA Government wants to ensure households and businesses can ride out the significant financial hardship the COVID-19 pandemic is expected to wreak.
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