26 May 2020
Harvard Business Review: Economic Impact COVID-19
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
This HBR Video provides a good explanation of the difference between a V, U and L shaped economic recovery.
Monday, March 23rd still officially marks the low for the collapse in growth asset prices but this does not mean that economic downturn (likely recession) is over given that we are only at the beginning of a period of heavy job losses.
Click to watch.
There is no doubt that the asset price increases since the 23rd March have been good news for clients who have taken advantage of this market crash and if you are an Active client that has questions, please call me on 02 9267 2322.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.