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: 12 March 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
Markets are optimistic despite slow retail sales, lower consumer confidence and rising inflation expectations. NAB’s Rodrigo Catril says there’s an acceptance that much of these are short term effects. https://t.co/mk8X8viEMv