Content provided by Msquared Capital
This week marked one of the most controversial Australian Economic events, officially entering into the Quantitative Easing (QE) club.
The first week of November commences with the Melbourne Cup and it traditionally marks the start of the silly season, with the realisation that Christmas is only a few weeks away and mild panic sets in, trying to finalise semi completed projects and important decisions for year’s end.
How our world has changed this year, we are at War – deep in the trenches fighting an invisible pathogenic enemy with social distancing, mask wearing and keeping our hands clean as our front-line defence. Our economic defence measures are loan deferrals, JobSeeker, JobKeeper and aggressive monetary and fiscal policy.