"... these models projected the peak in daily new COVID19 case counts for the US and Australia would arrive in early-to-mid April 2020. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3566596
Peak panic is usually somewhere between peak infections and peak deaths. Peak panic will be bottom of the market. We are approaching peak infections now (maybe by 12 April). Peak deaths would likely be 2-3 weeks after this. This suggests the bottom of the market could be sometime in mid to late April.
This from AMP on 20 March:-
https://www.ampcapital.com/au/en/insights-hub/articles/2020/march/assessing-companies-as-peak-covid19-panic-approaches
"This is a once-in-a-century, global event....However, it is an event, and events pass."... ".Though it might seem unfathomable with everything flashing red, there are opportunities for investors who are income and protection focused." "...it’s a classic representation of fear taking over greed in sudden and drastic form. We know from history that when that flip occurs, fortune favours those who are brave enough to trust their long-term thinking, and realise that this too shall pass".
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Last
$33.93 |
Change
0.020(0.06%) |
Mkt cap ! $115.9B | |||
| Open | High | Low | Value | Volume |
| $33.90 | $34.00 | $33.65 | $43.14M | 1.274M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 213 | $33.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.94 | 2869 | 8 |
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| Last trade - 14.31pm 07/08/2025 (20 minute delay) ? |
| WBC (ASX) Chart |