At the end of a long, challenging year, it’s understandable that people are keen for a well-earned break. However, the reality is that in 2020, Christmas and New Years will look a little different to what we’ve become familiar with. In this edition, we look at the impact of COVID-19 on the upcoming holiday season and what the recent Federal Budget measures could mean for your retirement.
Overall news flow remained supportive of risk assets including equities and credit and enabled most major share markets to make positive progress.
The rollout of Covid vaccines remained the key focus worldwide. More than 30% of adults in the US have now received at least one jab, for example, and new infections are down by around 80% since the peak in January.