Australian Economic Update
Posted at h
in Morningstar Updates
September 2020
“Outlook for Investment Markets
Courtesy of Morningstar Australia – September 2020:
COVID-19 remains front and centre as the key to the
investment outlook, as demonstrated by the impact of the
recent resurgence in Victoria and the resultant business
restrictions. At the moment, the consensus view is that
both the global and local economies will gradually pull out
of the COVID-19-induced recession, but it will be a long
and slow haul, with ongoing risk of relapse. Given the
ongoing uncertainty, extensive diversification and other
defensive portfolio insurance will be central to good
outcomes….”
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