David Bassanese, Author at BetaShares

Bassanese Bites

Weekly Outlook

Eye of the storm

Global Markets
Global markets are still trying their best to “look through” the horrible economic data we’re now going through as a consequence of the COVID-19 lock downs.  Last week, another 6 million were added to US jobless claims and 700,000 Americans lost their jobs in March. …

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Weekly Outlook

Head Fake?

Global Markets
The key question folks: have we seen the low or was last week a bear market rally?  Despite horrible US economic data and an acceleration in their  COVID-19 cases,…

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Weekly Outlook

Lockdown

Global Markets
The combination of rising COVID-19 cases and restrictive government policy responses in the United States were the main global market focus last week, and which understandably pushed equity markets lower. …

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Weekly Outlook

Feeling sick

Global Markets
Last week was one to tell your grandchildren about. And for the younger people around the market, you’ve now been blooded with an example of just how volatile and cruel the equity market can be. …

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Weekly Outlook

1918 again?

Global Markets
The stand-alone highlight this past week has been global fear around the escalation of coronavirus cases outside of China.  The good news is that while containment (appears) to have been achieved in China,…

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Weekly Outlook

RBA cut tomorrow

Week in Review
Where to begin?  Clearly fears of the coronavirus took centre stage last week, causing the biggest one week drop on Wall Street since the financial crisis….

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Weekly Outlook

Hold your breath

Week in Review
Last week global markets got their first taste of the negative economic impact of the coronavirus – and it was not easily digested.  Although China continues to claim that the rate of new infections has peaked,…

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Weekly Outlook

Bubble trouble

Top events of the past week
Global stocks continued to shrug off coronavirus fears last week with the S&P 500 up a lazy 1.6% to reach a new record high. …

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Weekly Outlook

Tough medicine

Global Markets
Last week global markets managed to shrug off coronavirus concerns – helped by continued solid economic data in the United States.  Indeed, there was a better than expected 225k gain in US jobs during January (market expectation 160k) helped by milder than usual winter conditions which usually boosts construction. …

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Market trends - February 2020

Market Trends: February 2020

Reading time: 4 minutes
Key Global Trends – virus fears

Global equities started the new year on a strong footing, thanks to an easing in global trade tensions….

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Weekly Outlook

Going viral

Global Markets
After a strong start to the year – with seemingly little to worry about – global stocks suffered a set back last week as the impact of the coronavirus began to take its toll. …

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Weekly Outlook

Festive Mood

Global Markets
Global stocks remained in a upbeat mood last week, still basking in the after-glow of the US-China trade deal and continued encouraging signs of stabilisation in the global growth slowdown….

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Weekly Outlook

Sell the fact?

Global Markets
Two major market concerns appear to have been resolved over the past week, with US President Trump concluding his “phase 1” deal with China and the UK Conservatives romping to victory and making certain the UK’s “soft exit”…

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