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Australia heads for recession as stock market falls 7.33% in worst day since GFC

  • 📰 The Guardian
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  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

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Market loses around $140bn and economists forecast first slump since 1991, as two Sydney schools are closed and coronavirus cases grow

Australia is heading for a recession in the first half of this year, leading economists have forecast, as the continuing impact of the coronavirus outbreak saw the stock market endure its worst day since the global financial crisis.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

It's almost like GFCs are cyclical and weirdly coincides with conservative rule? What are the odds?

What happens next? Better or worse? Anyway,I hope this situation is getting better and better.

Will Trump buy Australia? 🤔

I suspect the world will fall into a recession before all of this is over.

Stock prices aren’t what makes a recession

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 84. in KR

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Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

FTSE 100 plunges 8.5% on fears of global recession triggered by coronavirus – business liveRolling coverage of the latest economic and financial news, as stocks slump across the world amid the deepening coronavirus crisis Paniced into recession. Good job. perfevt reason y the free market is not compatable with human life whenever it contradicts human need it crashes 8.5%? ITEOTWAWKI
출처: The Guardian - 🏆 84. / 53 더 많은 것을 읽으십시오 »