Category: News

In a few short decades since the advent of the internet, tracking its astronomical prevalence within society, even with the benefit of hindsight, is staggering. Evolving from wired home connection to completely seamless wireless connectivity on a plethora of everyday devices, nowadays fridges, security cameras, traffic lights and medical equipment can be and are all connected to the Internet.

AFL player Ben Brown recently shared a story about his cousin Grace’s battle with cancer, imploring people to stay home during the pandemic to protect people with compromised immune systems.

If there’s a silver lining to the Covid-19 pandemic it might be a growing need for, and therefore development of better technology.  

A lack of resources is a major component of the current crisis. As people stay home from work and borders shut, the disruptions to global trade are causing a massive shakeup. 

It would be difficult to remember a time in history when the emphasis on the importance of a singular service was highlighted vastly and so rapidly than good internet connection in the last month.

As of today, the XJO (ASX 200) has bounced 13.5% since hitting a low of 4402 (down 38.8%) on the 23rd of March. Many investors will ask how the bounce has happened, whether it is sustainable and if there are opportunities at this level.

Whilst in modern times it may feel like we are being enveloped by uncertainty, there’s one thing that’s clear: The present and future of our society desperately needs reliable, high speed internet and better, high performing data infrastructure.

Monday saw the world turned upside down. Cafes and restaurants started closing their doors. Suit clad employees could be seen walking down the street, carrying monitors under their arms, and anyone who has tried to hold an online meeting will have realised the strain all this new digital activity is putting on internet bandwidth.

What’s happening to our market now is unprecedented. Developed nations are experiencing enforced lock down with industries grinding to a halt. Investors are increasingly anxious and the general population is worried about the future.

Time is the number one obstacle for aspiring traders. When it’s business as usual, you’ve got busy days at work and social commitments in the evenings and on the weekends. Right now, though, it’s not business as usual. Lockdown is far from an ideal situation but there is one upside: You’ve likely now got more time to learn a new skill, like trading.

The last month has seen the value of global equities decline by ~34%. The XJO (ASX 200 index) has fallen at record speed by (as of today) 2493 points or 34.6% in 33 days. Historically markets have always rebounded after a large crash, which presents opportunity. A significant part of a recovery will be linked to “The Curve” in recorded infections of COVID-19.

The reality of the current pandemic has hit us incredibly hard, and incredibly fast. As we adjust to social distancing, remote working and the fact that life will likely be different for some margin of time, we simply move forward with our adjusted reality and adapt.