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Showing 321 - 330 of 1438 results for "Recession"

Asset values could drop to 2017 levels: MSCI

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... could imply a "relatively modest" increase in velds when compares to the global financial crisis or the early 1990s recession if asset values return to levels last seen in late 2017. Speaking to Financial Standard, Reid said the super sector was facing ...

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... COVID-19 outbreak has dealt Australia a severe economic and fiscal shock." "We expect the Australian economy to plunge into recession for the first time in almost 30 years, causing a substantial deterioration of the government's fiscal headroom at ...

Economic impact worst since WWII: Research

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
... workforce. All told, more Australians are looking for work as a result of the COVID-19 pandemic than during Australia's last recession during the early 1990s, the worst impact on the local economy since World War II, Roy Morgan said. "What started as ...

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
... to supply chains around the world. To paraphrase Governor Lowe's statement, Australia may not be able to avoid a recession this time, but the coordinated monetary and fiscal response would keep it shallow.

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
The US is facing a COVID-19 triggered recession that will be the worst on record, according to Bank of America economists. It comes as about 6.65 million people filed for unemployment in the US this week, in the highest level of claims received by the ...

Pandemic response concerns overblown

HARRISON WORLEY  |  FRIDAY, 3 APR 2020
... importantly, past experience tells us that those who don't get a job back in the first two years after they lose their job in a recession rarely work ever again in the rest of their lives - with knock on costs in everything from mental health to domestic ...

The shape of recovery

ELIZA BAVIN  |  FRIDAY, 3 APR 2020
... since the economy would simply muddle along after the worst of COVID-19 has passed," Zandi said. "A W, or a double-dip, recession could occur if there is a second or third wave of the virus. "Something to consider is the possibility of a check-mark recovery ...

Self-isolation to accelerate secular trends

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
... stock, they tend to be the companies that private equity own and their cash flows are already under pressure and now the recession that we're looking at is going to put them under more pressure." Touching on the value of FAANG and WAAAX stocks as ...

Opportunities and threats amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 2 APR 2020
... the global economy; where earlier this year growth was almost tangibly real, now a downward trajectory towards deep recession seems much more likely. But one asset manager believes there is both opportunity and threat within Australia's listed sectors. ...

Chief economist update: AUD depreciation no cure for coronavirus

BENJAMIN ONG  |  THURSDAY, 2 APR 2020
... this 'Lucky Country's' luck appears to have ran out after enjoying 28 years and a bit without an economic recession. Australia has survived economic and financial market upheavals over the past three decades (or just about) chiefly thanks ...