As global borders shut down, companies are abandoning their earnings forecasts. Why? It seems people are coming to terms with the fact that COVID-19 could be around for a while. Governments and central banks meanwhile, attempt to combat the economic downturn.

In this week's wrap, Jessica covers:

• ASX down 28% YTD (0:42)
• Fisher & Paykel Healthcare sees boost amidst COVID-19 (1:21)
• Supermarkets projected by UBS to lift (1:49)
• Containing the blaze: the parts of the market most affected (2:32)
• A few ideas from Morningstar (4:00)
• Some ways to think about diversification (5:35)