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
Like the common cold, it seems, if you've had it, you can get it again! Herd immunity is a bad idea. https://t.co/1KDsUDVn25
Hopeful COVID news, bad infection rates. Strong US loan data, bad words from Trump. The news is mixed but NAB’s Ray Attrill says markets want to take the positive view. https://t.co/oKlpgRJ7f9