20th March 2020
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)