Market wraps 29th May 2020
May Market Overview
The Aussie share market moves out of bear market territory, hitting a 12-week high on news of further government stimulus and COVID-19 human trials kicking off. The Australian government downgraded JobKeeper dependency, seeing UBS increase its economic forecasts.
In this month's wrap, Jessica covers:
- The three key themes that evolved this month (0:52)
- COVID-19's worst performer now shines, Southern Cross Media (ASX:SXL) (1:15)
- Two stocks that charged after oil rebounded 81% (1:54)
- Three strategic ideas for next month (2:45)
- Six trading ideas as online retail is set to surge (5:01)
- Shedding infrastructure and REITs to trade 'working from home' stocks (6:08)