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ECB dissenters resisted Christine Lagarde’s ‘no limits’ virus response
Minutes of last month’s emergency meeting show significant opposition to bond-buying programme
Investors should ask who will buy all the new US government debt
The last time America sold war bonds they were essentially a tax on savers
US weekly jobless claims mount by another 6.6m
Latest figures take cumulative total to almost 17m since March lockdowns began
Fed to provide extra $2.3tn in loans
Central bank moves to support high-yield debt market and help stricken municipalities
Virus will push sub-Saharan Africa into deep recession, warns World Bank
Predicted collapse in global commodities trade set to drive first such contraction in 25 years
Whitepapers / Articles
A View from the Bridge - March 2020
This morning’s announcements from the Bank of England cannot in any way be tagged as not going far enough as a pre-emptive response to a potential national and global emergency.
PegasusCapital - 11/03/2020
