Coronavirus Week 5 Update

The situation is trending in the right direction in Australia. Calls are increasing for how things will open up again. The rest of the developed world don’t seem to be fairing anywhere near as well and today I try to focus much more on the divergence in the short term share market direction vs. business confidence and a rapidly deteriorating economy.

I referenced a Nucleus Wealth paper in my post, one thing they said that I believe makes a lot of sense is, in looking at buying shares today, over 10 years I suspect you will be very happy, not so sure about 10 months……

I feel the same and instead of doing nothing I think specific plans make sense at the moment.