Chief economist update: The second waveBY BENJAMIN ONG | FRIDAY, 12 JUN 2020 11:04AMThe big drop on Wall Street offers bullish investors who missed out on the last three month's rally a cheap entry. But it also confirms the bears' views that the worst is yet to come.
Upgrade your subscription to access this articleAnd gain access to:
And moreRead our full COVID-19 news coverage and analysis here. Related News |
Editor's Choice
UniSuper outage continues, no cause identified
The super fund plans to begin restoring services later this week, though chief executive Peter Chun has told members the root cause of the outage remains unknown.
Australian Retirement Trust wraps up AvSuper merger
Australian Retirement Trust (ART) has completed its merger with AvSuper after the two super funds formalised negotiations in February 2023.
ASIC clamps down on advisers, trustees cold calling
Financial advisers, licensees, and superannuation trustees are facing the ire of ASIC after an investigation found they are profiting from boiler room tactics that convince members to switch funds.
FSC launches digital advice group
The Financial Services Council (FSC) continues to expand into financial advice by taking on a digital advice association that flagged its formation one year ago.
Products
Featured Profile
Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
Great piece Benjamin, we're with you, certainly investors the world over are concerned about the 2nd, 3rd waves effects; Wall Street vs Main Street - someone has to blink.
"its always the Bus you don't see that kills you...." (Thanks Simon)