This week we release a special “Social Distance” episode where Joel, Steph, Louis and Brett remotely dial in to this podcast. We bring you more information on how we can navigate these uncertain times. In this podcast we address the most recent update on market conditions, deep dive into the most recent stimulus announcement as well as further outlook on the property market.
On Friday the 20th of March, we witnessed the worst single day decline for the S&P 500 in a history of 12,651 trading days outside of two other days. In 1929 there was Black Tuesday and 1987 there was Black Monday. When will we see the decline end? In this episode we review actions taken by the government to prepare for the financial crisis, the statistical importance of social distancing as well as how you can prepare yourself in the event that you can no longer pay your mortgage.
The World Health Organisation has officially declared the Coronavirus as a pandemic as travel bans, social distancing and recession speculations dominate headlines. After 20 years of uninterrupted economic growth in Australia, is this going to be our undoing or will it be a blessing in disguise? Joel, Steph, Louis and Brett provides a deep dive into this subject and gives us insight on the current stock market activity as well as outlook for the residential real estate market.