Best to stay out of BBUS for a while. There's only really positive catalysts in the near term with regard to global economies reopening. All negative events are expected now (GDP decline, rise in unemployment, etc.)
If you're getting into BBUS now because you're predicting a second wave of corona, you're not necessarily wrong, just calling it too early.
This is worth a revisit in September/October. In Australia at least, the following events are likely to happen around this time:
- Mortgage repayment freeze ends (putting additional strain on households and the housing sector)
- Job Keeper (likely to) end (this saved a lot of redundancies and small businesses, and allowed people to carry on with the same wage)
- Newstart corona virus supplement ends (effectively halving the income job seekers receive)
- Second super withdrawal (July onward) starts to run out for those that accessed it
May as well just wait until these events happen. US will be much the same in terms of time frames.
- Forums
- International Markets
- SP500
- BBUS
BBUS, page-5038
-
- There are more pages in this discussion • 9,448 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SP500 (INDEXSP) to my watchlist
(20min delay)
|
|||||
Last
2,958.8 |
Change
17.070(0.58%) |
Mkt cap ! n/a |
Open | High | Low |
2,958.8 | 0.00 | 0.00 |
Featured News
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online