The Westpac Banking Corporation [ASX:WBC] share price is trading 9.58% lower this afternoon, following more news of measures to curb COVID-19 and special measures to be introduced by the banks…
Macroeconomics: Global Central Banks News & Highlights
Taxpayers are Being Asked to Underwrite the Risks of Private Businesses
The fact is this… We — the taxpayer — are being asked to underwrite the risks of private businesses. In the modern world, profits are private; losses are social.
Special Market Update: Black Swans and Ancient Money
We continue our special coverage of financial markets in the age of pandemic. As margin calls roil stock markets and liquidity disappears from the system, we believe there’s a flight to what few ‘safe’ assets are in the system.
Special Market Update: Black Swans and Ancient Money
Dear Reader, In today’s Money Morning…three ways to buy gold during a mania phase…plus what would slaughter the bull…black swans and ancient money…debt, demography, and crashing oil prices…and more… We continue our special coverage of financial markets in the age of pandemic. As margin calls roil stock markets and liquidity disappears from the system, we […]
Bonds to Surge in Looming Bear Market — RBA Sets Unconventional Policy
Trading volumes have already begun to surge for bonds across Asia, as the fast spread of the coronavirus around the world prompts investors to dump equities for the safety of fixed income securities. Asia-Pacific credit trading volumes spiked more than 50% this week with a 208% rise in year-on-year investment-grade credit transactions through 2020 so […]
Worrying Signs for Big Four Bank Stocks, NAB Share Price Sheds Most
The four pillars of Australia’s financial sector (the Big Four banks) have taken a serious beating, as low interest rates and the Coronavirus scare threatens to eat away at their margins. The NAB share price in particular is shedding the most…
