Stimulus the end of 40 years of 'neo-liberalism'
Recession likely to last for 'at least a year'
Monetary stimulus brought into sharp focus
While coming within a whisker of calling the low for the S&P 500, it is fruitless attempting to call short-term market moves.
US equity markets have had their worst quarter since 2008.
Investors are grappling with the huge uncertainty caused by the global Covid-19 pandemic. The human and economic impact has been dramatic, both in its magnitude and in its velocity.
Following the unprecedented falls across all financial markets in recent weeks, the safest government bond markets have had to become cash vaults for fund allocators trying to raise the liquidity needed to plug the fast-growing holes left by the equity,...
Covid-19 and oil price plunge spook investors
The global spread of the coronavirus led to a simultaneous shock on both the supply and the demand side of the affected economies.