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RT Boom Bust February 5, 2020



so if that s the case then why are markets worldwide rallying when as ben just point out more cases of the virus have been reported and more deaths have occurred well let s just call it a good old fashioned market intervention china central bank stepped in to provide more stimulus where the economy the bank announced that it could cut its key lending rates and bank was a requirement ratios in the coming weeks in order to support economic growth the t.b.o. see also injected yet another 400000000000 r.n.b. in liquidity on top of the one trillion r. and b. it already did on monday now this stimulus is meant to make up lost ground from the virus outbreak in order to prevent 1st quarter g.d.p. from falling too sharply beijing is now responding aggressively with both fiscal and monetary stimulus to get growth back on track and stage an industrial sector led recovery know that this is the largest single day money injection since january 20th $1000.00 which halted the entire ma ....

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