Australian treasurer says there should be „no expectation“ of COVID-19 support payments when country hits 70% vaccination rate 0 (0)

Australian treasurer, Josh Frydenberg, remarks
That’s a striking remark on how the future looks like for the Australian economy, as Frydenberg says that there should be „no expectation“ by states/territories should for emergency COVID-19 support payments for employees affected by lockdowns once the country gets to 70% vaccination rate.

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Is a deeper correction beckoning for the S&P 500? 0 (0)

At the highs this month, the S&P 500 has doubled in value from the depths of the pandemic in March last year
An interesting chart put out by Bloomberg shows that the S&P 500 might be headed towards a deeper correction some time in the future, after having gained by double its value since bottoming out

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