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Weekly Wrap 13 March
Between the Bells
English - March 13, 2020 05:00 - 6 minutes - 4.24 MBInvesting Business online share trading trading ausbiz asx200 investing economics Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Weekly Wrap 6 March
Next Episode: Market Update 16 March
A 20% fall from all-time highs puts the ASX back into a bearish hibernation. Given travel and tourism account for 15% of world GDP, it's no surprise that the COVID-19 pandemic is creating severe market dislocation.
The estimates however tell a different story; if corona can be contained, Australia may just avoid a technical recession.
In this week's wrap, Jessica covers:
- No need to panic - markets will recover (0:40)
- Citi's insights: attractive buys & ASX predictions (2:01)
- Sector sale! Energy's batteries run flat (3:48)
- A word from Buffett (5:38)