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Showing 341 - 350 of 1438 results for "Recession"

Avoid listed wealth giants: UBS

HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
UBS has listed which stocks to jump on and which to avoid in the event COVID-19 pushes Australia deep into a recession, with two listed wealth giants in its negative column. Analysts from global wealth giant UBS' Australian equities teams have called ...

The impact of COVID-19 on emerging markets

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... somewhat of a comeback, are now cowering in the shadow of the rapidly spreading coronavirus. As the world falls into a recession, COVID-19 will have a disproportionate impact on emerging markets, with investors rushing to sell down their riskier, offshore ...

Recovery expected in 2021: IMF

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
... solidarity-which was a major theme of the meeting today," Georgieva said. "The outlook for global growth for 2020 it is negative-a recession at least as bad as during the global financial crisis or worse. But we expect recovery in 2021." Georgieva said ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... government set aside a further $40 billion for urgent and unforeseen spending associated with the pandemic, likely to cause a recession". But so far not so good. To repeat, government and central banks cannot bribe the virus to go away. China's total ...

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... argued. "I think Australian financials are a bad place to be invested right now because of the significant risk that a recession crashes property prices," he said. "Absent strong government health policies to contain the virus, as in Singapore, we will ...

Frontier warns super fund clients of recession

KANIKA SOOD  |  FRIDAY, 20 MAR 2020
The asset consultant's internal economic modelling is predicting a potentially "very large" recession for Australia this year, as COVID-19 rolls on. Frontier Advisors used the RBA's MARTIN, a new macroeconomic model the central bank built in ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... splashing cash, printing money and throwing everything at their disposal to try to prevent the certainty of a global recession from turning into a global depression. According to Factset : "A Reuters poll of 40 economists showed a median 80% chance of ...

deVere launches global contactless advice offering

HARRISON WORLEY  |  WEDNESDAY, 18 MAR 2020
... founder and chief executive Nigel Green said the world was changing "fast", and added that if the global economy fell into recession on the back of the coronavirus, it - and its subsequent recovery - would have "far-reaching consequences for people's ...

World rolls out stimulus

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
As Prime Minister Scott Morrison updated Australians about the measures being taken at home to stop the spread of COVID-19, other nations around the world have announced their stimulus packages to cushion the economic burden. The largest, unsurprisingly ...

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
... itself to contain the still growing coronavirus pandemic, the likelihood that Australia's 28-year run of growth sans recession will come to an end has increased. Just have a look at the sharp dive the latest Markit Economics JP Morgan Global PMI ...