ASX opens slightly lower, with healthcare, oil stocks in the red

The market's early falls came despite plans by the Federal Government to boost infrastructure projectsBut survey respondents said some changes were positive and they were reluctant to "go back to normal"

Prime Minister Scott Morrison said Australia was headed for a record deficit this financial year, and next year, because of coronavirus. Private hospital firm Healius surged 12.7 per cent after it announced plans to sell its primary care business to private equity firm, BGH, for $500 million.The Australian dollar is down 0.5 per cent to 68.29 US cents.A National Australia Bank survey of 2000 people about coronavirus found that almost one in six Australians said the impact of the pandemic on the economy was their biggest concern, aside from health.

The National Australia Bank surveyed 2000 people to find out their chief concerns about the coronavirus.

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The secret behind the booming stock marketForget everything you've ever learned about the economy and the supposed link with financial markets. Just three months into the reported deepest and sharpest downturn in centuries, this is why stock markets are galloping back towards record levels at breakneck speed, writes Ian Verrender. Tldr: racist old white men, doing bad stuff . The secret is, that despite half the population living week-to-week, the other half have so much that they don't know what to do with it. Even when global trade stops, they buy shares putting the price to 25+ years earnings and to record highs. the world is mad & human greed will destroy it.. there's your damn secret.
Fuente: abcnews - 🏆 5. / 83 Leer más »