How is that for a month! As the coronavirus pandemic continues, many more hundreds of thousands of people are infected. Only a month ago we were talking in terms of hundreds of thousands of people infected with COVID-19, which has now ballooned out to over three million and more than 225,000 dead. Economies have been brought to a grinding halt as governments around the world have taken unprecedented steps to lockdown their cities etc to help prevent the spread of the coronavirus.
Financial markets have been rattled and the price of oil has plummeted as demand as all but dried up. The extreme volatility we have seen in markets has subsided a little but remains above average. Most major central banks have taken emergency action to cut rates (some repeatedly) and increase stimulus measures.Read More