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