COVID-19 is beating up the global markets. The gravitational pull behind the coronavirus is not a new phenomenon as some international indexes have plunged by 30% over the past month. The graph below crystallises the damaging effects of COVID-19 on the Tech industry. In turn, the coronavirus is forcing the digital economy to restructure itself. […]
Tag Archives: Young asx investors
Could COVID-19 and the Russia-Saudi Arabia oil crisis knockout the global economy?
Wow! What an unpleasant week of trading we had to sit through. The Dow Jones tumbled 4.6%, the S&P 500 plunged by 4.19% and the ASX fell by a whopping 11% in a week. Source: Google graph of ASX The stock market is getting beaten down. With the left punch being from the Coronavirus and […]
Could these Toilet Paper stocks surge even higher next week?
If you travelled to your local supermarket or flicked between news channels this week then you will know exactly what I am about to stay. We are experiencing a toilet paper epidemic as the shelves are stripped bare. Supermarkets are scrambling to keep up with the demand. For example, Cosco sold 192,000 toilet paper rolls […]
How will the $15 Billion TPG-Vodafone merger impact Telstra ?
When looking at the telecom industry we think of Telstra (ASX: TLS) and Optus. However, could the TPG-Vodafone merger put pressure on the telecom giants and change the industry? Time will tell. Today we will discuss the merger, whether the new ASX company is worth watching , and the impact on Telstra. TPG/Vodafone Merger […]