Markets in turmoil as virus spreads and governments fail to respond
Congress squabbling is one example of governments failing to deliver on a comprehensive stimulus program. That’s what’s causing turmoil in the markets says NAB’s Gavin Friend.
Day: March 12, 2020
Do we need a Corona bond?
Stimulus from central banks and governments go nowhere near seeing us through the #COVID19 crisis, argues @ProfSteveKeen. So, what do we do?
THE TWITTERATI
NAB’s Rodrigo Catril says Biden’s pledge to make sure everyone pays their share has hit equities in the US, whilst demand for bonds has risen as investor chase yield. https://t.co/Hf1gIPCULz
I am thinking of breaking the law. If I get sent to prison I'll still be in lockdown, but it'll be a change of scene