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28 March 2020 (AFR) – ASX erases week’s gains, dropping 5.3pc

(28 March 2020, AFR, p30, Luke Housego, Reporter) ‘After four weeks of heavy falls, the sharemarket has ended its fifth week since the sell-off began marginally higher as government and central intervention contends a deepening economic and health crisis. The S&P/ASX 200 Index closed 25.8 points, or 0.5 per cent, higher over the five sessions … Continue reading

28 March 2020 (AFR) – Big Rally crumbles after $US2trn stimulus optimism fades

(28 March 2020, AFR, p24, Sarah Turner, Reporter) ‘Australia’s sharemarket ended a week of massive gains with a loss on Friday as the number of virus cases in the US surpassed those in China, and it became increasingly clear that the pandemic’s deadly toll will not be slowed by the monster US stimulus package. ‘Investors … Continue reading