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Weekly Wrap 20 March
As global borders shut down, companies are abandoning their earnings forecasts. Why? It seems people are coming to terms with the fact that COVID-19 could be around for a while. Governments and central banks meanwhile, attempt to combat the economic downturn.
In this week’s wrap, Jessica covers:
- ASX down 28% YTD (0:42)
- Fisher & Paykel Healthcare sees boost amidst COVID-19 (1:21)
- Supermarkets projected by UBS to lift (1:49)
- Containing the blaze: the parts of the market most affected (2:32)
- A few ideas from Morningstar (4:00)
- Some ways to think about diversification (5:35)
