Coronavirus Instability

Discussion in 'Investment Strategy' started by 3rdEarl, 21st Feb, 2020.

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  1. 3rdEarl

    3rdEarl Well-Known Member

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    Hi All,
    It seems the coronavirus is impacting a lot more than health: manufacturing, agriculture, tourism and Education. We have however failed to acknowledge the impact on housing considering how much the AUD is getting hammered.
    I feel like the discussion needs to be had with regards to Interest rates and the possibility of an imminent recession post coronavirus. Also unemployment figures not looking promising.
     
  2. Propertunity

    Propertunity Exclusive Real Estate Buyers Agent Business Member

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    upload_2020-2-21_12-37-40.jpeg
     
  3. Propertunity

    Propertunity Exclusive Real Estate Buyers Agent Business Member

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    Bird & Fortune madd a lot of sense out of the GFC and amazingly still relevant today.

     
  4. marmot

    marmot Well-Known Member

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    Many people simply dont want to know, they just expect the government to come to the rescue with a massive stimulus program at the same time as interest rates are dropped by 300-400 points.
    Unfortunately populist governments have been very good at keeping rates really low to keep on stimulating the economy and make themselves look good, so we're left in a position where its simply so way to really protect our economy.
     
  5. Trainee

    Trainee Well-Known Member

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    If there is a recession, if your job is secure it might be easier as interest rates will probably fall.
     
  6. PandS

    PandS Well-Known Member

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    We need a recession to keep thing real, we have a decent innings 25 years plus of good run.
    a recession once every 10-15 years to keep thing in perspective is a good thing
    we have more people willing to work for fair wage and tradies charge a lot less :D
     
    MTR and mikey7 like this.