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Market wraps 4th September 2020

Weekly Wrap 4 September

The hustle and bustle of reporting season is over, but the Aussie share market continues to twist and turn as Australia officially entered its first recession in 30 years. Aussie tech stocks also came under pressure this week as investors feared increased competition following PayPal's entry into the buy now pay later market.

In this week’s wrap, Jessica covers:

  • (0:40) The Aussie Tech sector and the U.S. downturn
  • (1:15) Afterpay (ASX:APT) falling and Lendlease (ASX:LLC) rising
  • (2:28) Key themes emerging in the market - the China-ore love story
  • (4:15) The first Australian recession in 30 years
  • (4:28) Changes in spending and saving habits
  • (5:10) Sectors and stocks to watch: Consumer staples & Coles (ASX:COL), Healthcare & CSL (ASX:CSL), Tech & Life360 (ASX:360)