re the massive USA stimulus and Fed actions it is my very strong view that this is just the first stage of actions and there will be much more to come (and in Australia as well). Goldman Sachs came out saying gold prices are going much higher in the next year.
If you look at the trends of the virus in USA it is really scary - 4 days ago the number of new case was about 5,000 per day it is now over 11,000per day. The most new cases Italy ever had on a day was about 6,000 (and ignoring China, Italy's daily new cases were much higher than any other country). In 2 days the total of USA cases will be close to China's total number and the USA is behind countries like Italy, etc from when they first had 100 cases. The trend in the USA since they had 100 cases is much worse than Italy was and it was the worst of all European countries. As the USA testing rate is way below most other developed countries there are probably a lot more cases than reported as people have not be tested. Australia has been doing 15 times the number of tests per capita than USA.
WHO stated that USA is going to be the epicentre of the virus and on current trends it already is.
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