Virgin Australia has cancelled all worldwide short-haul flights due the continued coronavirus pandemic. The ASX continued its successful streak after a Wall Street buying bonanza, with Australian banks nonetheless strong, helped by an ‘on fire’ housing market. A new survey from one the country’s major banks has revealed a stronger economy is providing companies with a a lot-wanted confidence increase. Latest information from the ABS shows Australians spent more on the bottle store than in the previous decade during the pandemic. The ASX closed barely modified after a jam-packed day of earnings season news, with buyers applauding Telstra and Newcrest, but AMP plunged.
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Given that the future is uncertain, I tend to think of stocks by way of …