There were further big falls in equities on Friday despite President Trump signing his $2 trillion stimulus package. NAB’s Rodrigo Catril says there is growing concerns about how long economies will be shut down for.
Podcasts and other audio content from Phil Dobbie
An unprecedented spike in US jobless claims, yet equities rise sharply too. NAB’s Gavin Friend explains all hopes are now on the stimulus and hopes a recession will be short and sharp. But where’s the evidence?
Rishi Sunak seems to be ignoring the simple answer for the self-employed, An answer so simple even Donald Trump gets it.
Could business resume sooner rather than later? Equities are behaving as though we will. Also EU finance ministers fail to reach agreement on stimulus, oil spikes on hopes of a supply settlement, and Bernie Sanders pulls out of the Presidential race. https://t.co/packx2Mun4
If the EU can’t fix the crisis in Italy and Spain without those nations incurring massive debt, will the southern nations pull out of the European experiment? I ask @ProfSteveKeen https://t.co/6lcTiuKfbU Support Steve at https://t.co/aO1AJXSNnk