Just how bad COVID-19 will ultimately be for the US and global economy is difficult to say, with no real frames of reference as precedent – the author discusses two extreme scenarios as a framework for what may be. Source: Bloomberg How bad COVID-19 will be for the U.S. economy is almost impossible to say,…
Apart from the market risk ramifications of COVID-19, the fact that we are also in the early stages of a large-scale operational-risk episode, including the negative impact on liquidity of traders working from home. Source: Bloomberg via GARP (Bloomberg) — The impact of the coronavirus outbreak on Wall Street may worsen trading conditions for one…
Global corporate bond market door slammed shut on Coronavirus fears and uncertainty. Source: Yahoo Finance (Bloomberg) — The global credit machine is grinding to a halt. The $2.6 trillion international bond market, where the world’s biggest companies raise money to fund everything from acquisitions to factory upgrades, came to a virtual standstill as the coronavirus…
Economists and investment strategists are pretty much in line with respect to intensifying Coronavirus risks over the short term, with however less uniformity of view in terms of the medium term ramifications for the global economy. Source: Bloomberg via GARP (Bloomberg) — A raft of new coronavirus cases in numerous countries outside China over the…
Fed Chairperson Powell calls current policy stance “appropriate”, with the economy in a “good place. Source: Thomson Reuters WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell told Congress on Tuesday that the U.S. economy is in a good place, even as he cited the potential threat from the coronavirus in China and concerns about the…
What looks on the surface like a “bubble” in the so-called “Green” ESG trade may well become the new normal. Source: Bloomberg via GARP (Bloomberg) — The overall market may be held in sway by developments in the coronavirus outbreak, but demand has been buoyant for stocks based on environmental, social and governance factors. So…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
