Business
A rising tide of money to lift all shares…and one ASX ETF to buy today – Motley Fool Australia
Governments are pulling out all the stops to rescue their economies, and share markets could be the big winners, including this ASX ETF.
Former United States President, John F. Kennedy, I’m told, coined the phrase, “A rising tide lifts all boats.”
The idea is that when a country’s economy is doing well, everyone benefits.
A quick look around the world today reveals very few nations in which the economy is performing well. Even countries like China that is still managing to post GDP growth is growing at a far slower pace than before the pandemic struck.
It was this realisation that panicked investors back in late February. Pani…
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