Grow Your Wealth – Market Wrap 19/06/2020

The big issue will be unemployment currently quoted at 7.5%. Job Keeper and Job Seeker are keeping the unemployment figures under control at present. However,these programs are to be wound back at end of September, the government is looking to provide a revise...

Our market has recovered 30% since the initial shock in March. But we are not alone, the US is leading the way and is currently now only down 7% from the pre COVID 19 levels. The ASX 200 is trading around 6000 points down around 17% from the pre COVID 19 highs.‍ Click...

We could see our market move up another 5%, however we are still cautious on which companies we buy given that the bond market does not seem to be supporting the market at present. This could indicate a possible retest of the recent lows. Click for full article