Signs of hope in the Markets - June 2020
Thursday, June 11, 2020
The strong rally in shares since their March lows reflects a combination of economic reopening, signs of recovery and policy stimulus.
After a roughly 35% plunge from their February high point to their lows around 23 March on fears regarding of global recession on the back of the coronavirus shutdowns, share markets have since rebounded sharply, led by US shares. The rally has pushed the Australian ASX 200 back through 6000 for the first time since March.