Like I said folks, nothing to see here with another 10% share correction & the markets waking up to the size of economic contraction that Covid-19 is going to cause.
"The New York branch of the Federal Reserve said it was pumping $1.5tr to ease strains in the debt markets, offering increased overnight loans to banks and expanding the kinds of assets it will buy to keep firms lending."
$1.5tn less than Lord Opti's weeking grocery bill

but still 7% of US GDP as an opening shot to support US banks & corporate America.
https://www.bbc.co.uk/news/business-51829852At least the EU are now being proactive with generous help with the Italian lock down where Italian's gave help to their tourist industry, which the EU have deemed to be illegal state aid, so have fined them, with additional daily surcharges for everyday it's not paid. Talk about a kick in the nuts when you are down. Looks like now we have left the EU that Italy are going to be their new whipping boys & with friends like that when you're down who needs enemies.
