Yearly Archives - 2021

Wall St losses accelerate after first Omicron case in US, Autosports rated as a buy: ASX to tumble

02 Dec 2021 - Wall St fell with stocks closing at session lows following the first case of the new variant identified in California. European & Asian markets rallied while the local bourse minimised losses as investors digested GDP figures, & house prices 38% more expensive than units. UBS rated Autosports Group (ASX:ASG) as a buy.

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Wall St slumps on new Covid-19 variant, Suncorp (ASX:SUN) rated as buy: ASX to fall

29 Nov 2021 - Major indexes around the globe tumbled on Friday after a new iteration of Covid-19, omicron discovered in South Africa, spooked investors. The fear that it may have resistance against vaccines triggered a knee jerk sell down with energy, travel, and financial stocks hard hit while defensives were bruised shedding the least. Market participants sought refuge in gold as bond yields fell.

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