• LinkedIn
Godfrey Pembroke
(08) 8456 9020 Get in touch
  • Home
  • About us
    • Our team
    • About Godfrey Pembroke
    • Our philosophy
    • How we work with you
  • Client experience
    • Our clients
    • Testimonials
    • Financial Services Guide
  • Active advice
    • Our fees
    • Trust and transparency
  • Our specialisations
  • Resources
    • Useful Links
  • News
    • Monthly Market Update
    • Monthly Economic Update by MLC
    • Investment Insights
    • MLC Scenario Insights & Portfolio Positioning
    • Federal Budget
  • Contact
Godfrey Pembroke Heading Image

2020 April Monthly Economic update

April 24, 2020 by Anthony Joseph Brosnan

In this update, Bob Cunneen, Porfolio Specialist, reviews events in markets during March.

He discusses:

  • In response to the Coronavirus outbreak, the global share market dropped significantly, around 13%
  • The American share market fell 12% and the Australian share market fell 20%
  • Global share markets became very concerned about the risk of a global recession
  • In the space of 16 trading days in March, the American share market fell 24%
  • Central banks and governments have provided stimulus to assist stabilize the economy

Watch the MLC Economic update – April 2020 video below.

https://youtu.be/IxdvmZISPYw

8 April 2020

By Sinead Rafferty
Portfolio Specialist

Filed Under: News Tagged With: Monthly Economic Update by MLC

Contact Our Office

Level 9, BDO Centre
420 King William Street
ADELAIDE SA 5000

(08) 8456 9020


Click here for a map of parking and transport options around our office.

About Us

Financial advice specialists Success brings new opportunities, but it also creates new challenges. As your financial situation becomes more complex, you need sophisticated strategies to make the most … Read More

Our services

Aged care planning SMSF’s and retirement planning Cashflow management Portfolio structuring and tax management Estate … Read More

  • Advice warning
  • Legal notice
  • Complaint resolution
  • Privacy Policy
  • Sitemap

Copyright © 2025 First Principles Financial Planning .
Wordpress Website by The DMA

  • LinkedIn

First Principles Financial Planning are authorised Representatives of Godfrey Pembroke Group Pty Ltd (Godfrey Pembroke), ABN 38 078 629 973, Australian Financial Services Licensee 245451.

Godfrey Pembroke Godfrey Pembroke