Stock markets bounce back as central banks pledge support – business live

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Stock markets bounce back on stimulus hopes – business live

Most European stock markets are rallying in early trading, although not quite as strongly as London.

 

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How to stimulate an economy already numbed by years of stimulation? By flooding it with even more liquidity than it has? Japan’s economic salvation lies in a formally constituted RCEP, in which it accesses the largest free trade zone in history. Not in any Blue Dot strategy.

This stimulus is like an injection of morphine that’ll temporarily hide the pain. What kind of medication, then, will be administered after miserable quarter earnings? Beware the ides fellow 99 percenters...

A plan helps? So we're saying there should be a plan...

Welfare for the rich.what a unique,concept.

Well this is good news it's finally time to cash out

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Australian stock market falls more than 2% over coronavirus impactASX 200 declines for seventh day and Australian dollar hits decade low of US64.69c after worldwide spike in cases over the weekend Get ready for the rebound. 👍 I don’t see a rebound anytime soon. Damn stonks
Source: The Guardian - 🏆 84. / 53 Read more »

Australian stock market falls more than 2% over coronavirus impactASX 200 declines for seventh day and Australian dollar hits decade low of US64.69c after worldwide spike in cases over the weekend Get ready for the rebound. 👍 I don’t see a rebound anytime soon. Damn stonks
Source: The Guardian - 🏆 84. / 53 Read more »