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Weekly Wrap 13 March

Bell Direct
March 13, 2020

A 20% fall from all-time highs puts the ASX back into a bearish hibernation. Given travel and tourism account for 15% of world GDP, it’s no surprise that the COVID-19 pandemic is creating severe market dislocation.

The estimates however tell a different story; if corona can be contained, Australia may just avoid a technical recession.

In this week’s wrap, Jessica covers:

  • No need to panic – markets will recover (0:40)
  • Citi’s insights: attractive buys & ASX predictions (2:01)
  • Sector sale! Energy’s batteries run flat (3:48)
  • A word from Buffett (5:38)

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