IMF forecasts 2020 to be worse than the GFC – is the false recovery over?

COVID-19 is taking away our loved ones, radically changing life as we know it, and causing the global economy to come to a standstill. The catastrophic economic repercussions of COVID-19 caused The International Monetary Fund (IMF) to release a revised economic outlook for 2020. The IMF forecast the global economy will fall by 3% (April), […]

Market Update – What to expect when markets open this week

The ASX 200 went through a week of extreme turbulence; rebounding between significant gains and losses leaving investors lost for answers. However, on Friday the 13th the ASX finished nicely in the afternoon firming to a 4% gain. In similar fashion, the Dow Jones finished on a 9% high, a spectacle considering investors have been […]