Most global markets started the financial year on a positive note, with the ASX 200 (ASX:XJO) adding 0.6% despite reports that just 30% of jobs lost during the COVID-19 crisis have been replaced.
Most global markets started the financial year on a positive note, with the ASX 200 (ASX:XJO) adding 0.6% despite reports that just 30% of jobs lost during the COVID-19 crisis have been replaced.
As we enter the new financial year, it’s worth reflecting on what we have just experienced in the last financial year; not just in investment terms, but our health and community. COVID-19 will have long-lasting impacts on our lives and has resulted in one of the most unique investment environments in history. Markets experienced one…
That famous economist, Dr Copper, has rebounded from his pessimism in March, and is feeling positive. Copper has long been considered an accurate proxy for global economic health and activity, because of the extent of its use. The red metal is the third-most-used metal in the world behind iron ore and aluminium, and is used…
The top 10 superannuation fund performers of last year have had a shake-up as a result of the pandemic induced stock market crash, highlighting the danger of selecting funds based on short-term performance. Balanced superannuation funds returned -9 per cent in March but bounced back in April by 3 per cent, according to the latest…
As a change of pace, I’ve taken a look at the outlook for Telstra both during and post COVID-19. The share price fell from a high of around $4 in February to around $3.04 in mid-March and still sits around $3.15. That’s a 20% fall despite the company being significantly sheltered from the events occurring…
The Australian equity market avoided a fall of 30 per cent or more in 2019/20, which is where it was headed when things were at their worst in March, but it was still the worst local sharemarket performance in almost a decade. On a sector by sector analysis, there were some surprises. The sectors that…
It’s been a big year for bank shareholders, but none more so than ANZ Banking Group (ASX: ANZ) shareholders… Firstly, keep in mind that its dividends were cut (“deferred”) amid the COVID-19 sell-off. Since then, things have continued to go pear-shaped as the Australian and Kiwi economies, politicians and central bankers struggled to understand the implications of Coronavirus….
Fisher & Paykel Healthcare (ASX: FPH) has released its FY20 full-year result for the 12 months to 31 March 2020. What is Fisher & Paykel Healthcare? Fisher & Paykel is a manufacturer, designer and marketer of products & systems for use in respiratory care, acute care and the treatment of obstructive sleep apnea. The company has…
Sharemarkets around the world continued to rally overnight, with the S&P 500 up 1.5% marking the strongest quarter since 1998. The Eurostoxx 50 was comparatively weaker adding just 0.06% whilst the Nasdaq rallied another 1.9% as investors ignored the existential threat to Facebook Inc (NASDAQ:FB).
