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|While it is clear it will take some time for the world to return to what it once was, the focus is now on recovery and what the post-pandemic world will look like.|
|From where I sit, this kind of volatility is just the new normal for markets, but everyone is blaming the latest fall on Wall St on Fed chair Jerome Powell.|
|Treasurer Josh Frydenberg outlined a bleak future for the Australian economy in a speech to parliament, forecasting GDP to fall over 10% in the June quarter.|
|Less than five months into the year and it has gone from devastation wrought by the bushfires, the lockdown forced on society by the coronavirus and, just in, a brewing trade war with China - its biggest trading partner.|
|Easing - this time of social distancing and lockdown restrictions - along with continued policy support from monetary and fiscal authorities has improved financial market sentiment ... a lot.|
|In the current world of high volatility, one day's gain could be wiped out the next. Still, the US equity market's benchmark indices are showing renewed strength at the margin.|
|I don't know what the Latin term is for a year that's worse than 'annus horribilis', but 2020 would be it.|
|There is a strong case to overweight emerging equity markets versus developed ones, as they report lesser cases of COVID-19 and ease lockdown restrictions earlier than their developed counterparts.|
|RBA governor Philip Lowe's statement yesterday put in black and white what all central bankers and governments are currently thinking - it all depends on the success of containing or beating COVID-19. But even the RBA's baseline scenario is bad.|
|Treasurer Josh Frydenberg has revealed the COVID-19 social restrictions are costing the Australian economy $4 billion a week.|
Early Release of Super payments surged around $7 billion in the first week of July, according to Treasury estimates, but this may not be a reason to panic.
Funds from IOOF, Vanguard and Fiducian figure among the top-five performers among wholesale funds, in the latest Rainmaker Information tables to May end.
Pengana Capital's national sales manager for private banking and wealth has left the firm after more than five years, setting his eyes on a new life in sunny Queensland.
In a new paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice.
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