Month: April 2020

Lonely, lazy and unwilling to spend – it’s the social recession.

“Human beings are social creatures – not occasionally or by accident but always”  Economic Recession. Global Depression. Corona-obsession. Perhaps, the scariest corollary of COVID-19 isn’t the negative slopes of market trends, but the fraying of social ties that are hardwired into who we are as people. It’s the ‘social recession’.  If we blow away the …

Lonely, lazy and unwilling to spend – it’s the social recession. Read More »

When Balls Stop Rolling, So Too Does the Economy

Record breaking cash rate cuts and unprecedented stock market collapses- COVID-19 has wreaked havoc on all aspects of the economy. While people fight over line positions at their local Centrelink and crash government websites to get through these uncertain times, it is clear that one issue supersedes all others. That being, the closure of sports …

When Balls Stop Rolling, So Too Does the Economy Read More »

Market Recap 6th April

Government foregoes surplus to keep Australians working  All hopes of being “back in the black” were destroyed this week, with the Australian Government announcing a $130 billion stimulus package last Monday that aims to keep unemployment under control and small businesses afloat.