
June 2020 – ASX 200 market recap
What a month it was for the S&P/ASX 200 (INDEXASX: XJO) and markets more broadly in June 2020, rallying again to cap off the strongest quarter for the ASX in over 20 years.
Telsa Inc (NASDAQ: TSLA) is one of the world’s largest producers of fully performance and production electric vehicles, including cars and trucks; plus the associated accessories (software, charging bays, batteries, etc.). It is run by entrepreneur Elon Musk.
What a month it was for the S&P/ASX 200 (INDEXASX: XJO) and markets more broadly in June 2020, rallying again to cap off the strongest quarter for the ASX in over 20 years.
The S&P/ASX 200 (INDEXASX: XJO) is expected to open lower on Monday morning with futures contracts on the Sydney Exchange pointing to a 20-point decline.
The US economy shrank at an annual rate of 4.8% in the first quarter, confirming the worst fears that the world’s largest economy is already in a recession. This was much worse than the 3.5% expected.
The Tesla Inc. (NASDAQ:TSLA) stock price has fallen hard. Is this the end of the road?
I sat down with Andrew Brown for an episode of The Australian Investors Podcast. We discuss his career, valuation, banking, cryptocurrencies and more.