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.… Read more
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.… Read more
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.… Read more
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.… Read more