Morning all. “At last we have a deal,” Senate Majority Leader Mitch McConnell said around 1:37 a.m. ET from the floor of the Senate. ”“In effect, this is a war-time level of investment into our nation.” Asia continued its prior day rally after records breaking gains in the US, and […]
stimulus
3 posts
Big stimulus measures announced by the ECB last night following an emergency meeting. https://www.reuters.com/article/us-health-coronavirus-ecb/ecb-to-print-1-trillion-euro-this-year-to-stem-coronavirus-rout-idUSKBN21543D?il=0 Will this help stabilise the wild action we’ve been seeing this week? €750 billion pandemic emergency purchase programme (PEPP) a new temporary asset purchase programme of private and public sector securities to counter the serious risks […]
Morning all. That disappointing feeling when you laying in bed checking markets and you see US futures all limit-down already! I think there was some hope yesterday that record stimulus packages, bailouts, even the chance of money being sent directly to people would all help stabilise markets and provide some […]