The United States Federal Reserve Jerome Powell warned of dire economic consequences if lawmakers do not adopt protective measures on the economic front.
- In his recent economic speech, Mr Powell indicated that the magnitude and rapidity of the current downturn are without any modern precedent and it is considered the worst, even more than the recession led by the 2008 Financial Crisis.
- Furthermore, the Fed chair mentioned the unprecedented reversal in economic conditions has served a level of pain, which would be inexplicable, while the future remains uncertain.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.