The COB from ausbiz

After a strong session yesterday where the ASX recouped most of its early week losses from Monday and Tuesday it was Fed Chairman Jerome Powell who poured cold water on the stock revival before it began reiterating the need for more stimulus to stabilise a weakened global economy. A sharp increase in daily infection rates of COVID-19 across Britain and Europe has provided markets with the challenge of negotiating a second wave and what restrictions those countries may impose to bring cases under control. However as data dominates across both health and indeed financial sectors, Paradice Investment Management's James McBeath told the ausbiz team that the data investment thematic is one that will drive markets for sometime. James' interview along with a chat to Sezzle CRO, Veronica Katz, forms part of another action-packed day at ausbiz. 

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