Thursday March 19 - Superbloom, page-29

Wow pushing 7 year lows. Given the market responses to central bank interventions during the crisis so far, might hit them today.

My 2 cents for QE and other stimulus packages is hold your horses (They won't listen to me though).
At the moment we still haven't actually stopped the economy for the inevitable lockdown. And the evidence is that its inevitable.

The gov and RBA should be saving their powder for when we actually need to push start a ha;ted economy in a few months time. Printed money today is just wasted. Free money won't save an economy thats in lockdown, the problem at its heart is of fallen supply and demand due to people not going outside, not working, not producing for fear of getting themselves and their families sick.

Govs should be focused on eradicating the virus and securing borders now and spend its money later