Australian (ASX) Stock Market Forum

The state of the economy at the street level

Listening to the press conferences of Government/health/police I get the feeling that some police officers & politicians are enjoying the restrictions a bit too much.
My perception is certainly that WA and SA seem to be taking a more sensible approach to it all. The WA premier's speech where the NSW kebab incident came up says it all really.

 
People seem to have adjusted to our North Korean style life. The panic has subsided and people are getting on with it. Still no toilet paper, antibacterial soaps, or pasta. But a lot of the other goods are returning to shelves that had previously been bought out.

Perhaps it's just the eye of the storm. But people have gotten use to the new normal.
The market sentiment seems to be cautiously backing people's adjustment.

At Bunnings and it is the busiest I have seen it.
It's looking like a fast recovery in regards to confidence.
 
Is it me, but has there been a big reduction in Funeral Insurance Infomercials about.
Always thought them a scammy idea.

Always been a scam. But of course now they might look like a good idea if your older..
But at the same time there is no way on earth the insurance companies are going to allow a raft of policies to walk out the door with the COVID 19 risk so high.
 
Quickest way back is to copy China, Korea, Taiwan and Japan, mask up and go back to work

Limit large "unnecessary" social gatherings and insist everyone wears a mask near others so that we stop the spread by those who are infected but have no symptoms
 
Quickest way back is to copy China, Korea, Taiwan and Japan, mask up and go back to work

Limit large "unnecessary" social gatherings and insist everyone wears a mask near others so that we stop the spread by those who are infected but have no symptoms
Are we there yet!
If we follow their model we need to ask a few questions.
Have we got to their level of control before they have started off to work again. (remember we jumped late by comparison)
Are we convinced that they are following a path that is really working.
Do we have the discipline to wear the masks (you are saying everyone should wear it and I hear a chorus of nannnny state, it'll mussup me hair, it dont work). Thankfully we have done VERY well so far maybe I wont hear it.:xyxthumbs
We need to advertise our strategy of the change is probably the most important thing.
 
Quickest way back is to copy China, Korea, Taiwan and Japan, mask up and go back to work

Limit large "unnecessary" social gatherings and insist everyone wears a mask near others so that we stop the spread by those who are infected but have no symptoms

Do you have a job?
 
Top