Traders on the floor of the New York Stock Exchange on March 18. Photo: AFP Traders on the floor of the New York Stock Exchange on March 18. Photo: AFP
Traders on the floor of the New York Stock Exchange on March 18. Photo: AFP
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

Why the world should not be throwing stimulus money at stock markets

  • Covid-19 has hit financial markets hard because their health was in a parlous state to begin with. As central banks and governments rush to launch economic stimulus, they should stop propping up stock markets, and focus on rebuilding a more sustainable economy

Anthony Rowley
Anthony Rowley

Updated: 1:40am, 23 Mar, 2020

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Traders on the floor of the New York Stock Exchange on March 18. Photo: AFP Traders on the floor of the New York Stock Exchange on March 18. Photo: AFP
Traders on the floor of the New York Stock Exchange on March 18. Photo: AFP
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Anthony Rowley

Anthony Rowley

Anthony Rowley is a veteran journalist specialising in Asian economic and financial affairs. He was formerly Business Editor and International Finance Editor of the Hong Kong-based Far Eastern Economic Review and worked earlier on The Times newspaper in London