Tissue for the bloodbath 

THE V-shaped bounce hasn’t yet bounded high but after a week of value destruction the S&P ASX200 us up 2% today or 95.4 points, the All Ords up 2.1% or 100 points and the beleaguered Energy Sector up 5%. 

Tissue for the bloodbath  Tissue for the bloodbath  Tissue for the bloodbath  Tissue for the bloodbath  Tissue for the bloodbath 

ASX, Energy rise today from historic lows

The government has delayed announcing its budget and predictions all concur that Australia is headed for recession, but its harshness and duration remain unknown.

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