What to make of the GM closures? I talk to @NAB Tapas Strickland about the motor industry, the bounce back in oil, next moves by the Fed and hopes of an Italian surrender.
Markets chose to take a negative view on the extended period of near zero interest rates signalled by the Fed, says NAB’s Gavin Friend. It’s a reminder that it’s the virus that determines the extent of the recovery, everywhere. https://t.co/VcC49Eumrp