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| | | 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | 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 ... |
| | | | ... 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 ... |
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