Further falls on virus news, Fed easing expectations rise
Markets are falling further as virus shows little sign of easing. NAB’s Gavin Friend says expectations are now rising for rate cuts from the Fed.
Day: 25 February 2020
The multiplier effect and who stops it working
Its a fundamental economic principle, but who stops it working to its full extent?
THE TWITTERATI
As the govt penalise universities that do not focus on vocational degrees, worth noting that Boris studied 'Literae Humaniores'. A less job ready degree it would be hard to find.
A downgrade to inflation expectations on Friday gave market sentiment a boost. NAB’s Ray Attrill says it’s been taken as a sign that central banks might have to do less to soften demand and a reduced fear in recession risk. https://t.co/4xdqefB3O0