Economic Recession and the Australian Stock Market
By Dale Gillham and Janine Cox |
Last week it was announced that Australia had officially gone into an economic recession, which is expected to last around six months or so. For those of you who follow Warren Buffett, he is famous for saying to buy in doom and sell in boom, and it would be fair to say that Australia is moving into a time of doom. So will the Australian stock market rise or fall over this time?
In tonight’s show, Janine and Dale will explore how the Australian stock market has performed in previous recessions and give you their thoughts on what might unfold in the current recession. But, more importantly, they will give you their insights into how the Australian stock market will react moving forward.