The week’s highlights – this week – the embattled QANTAS recorded a $7bn loss due to COVID. Wesfarmers is looking for more battery related mining projects to take advantage of expected strong demand for batteries and US Federal Reserve Chairman, Jerome Powell, gave his annual speech to the central bank conference at Jackson Hole, indicating the federal reserve was likely to keep interest rates higher for longer than the market is expecting, not wanting to repeat past mistakes.
Wenzel’s Weekly Wrap
