If you think the market have bottomed, then think again...
I reckon this lockdown will last a lot longer than most can bare. The infection numbers are down because we are not testing enough people, there will be carriers that doesn't even feel many/if any symptoms and they are roaming the supermarkets. Then with the ones that gets tested, if they are tested in early stages where there's not enough antibodies for a positive reading, they just get let out again. Then there's those who doesn't even take this seriously, which they will ruin it for the rest of us.
The longer we're in lock down, the lower the economy will drift. There's only so much money the government can throw at this until everyone realises we are in deep shit.
As for travelling, even if Australia has beaten the curve, it doesn't mean other countries have or will want to risk having foreigner bringing Covid-19 into their borders. It's going to take a while for people to feel comfortable travelling again - some might risk it in the short term due to cheap flights and accommodation but I'd say a lot would rather not risk it.
WEB Price at posting:
$2.71 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)