A bronze sculpture of a bull faces an electronic board showing the top 10 active securities on the Hong Kong stock market at Exchange Square in Central on June 2. Photo: Winson Wong A bronze sculpture of a bull faces an electronic board showing the top 10 active securities on the Hong Kong stock market at Exchange Square in Central on June 2. Photo: Winson Wong
A bronze sculpture of a bull faces an electronic board showing the top 10 active securities on the Hong Kong stock market at Exchange Square in Central on June 2. Photo: Winson Wong
David Brown
Opinion

Opinion

Macroscope by David Brown

Why the world needs stock market bulls who are upbeat about economic recovery

  • Stock market optimism will translate into greater consumer spending. Now is not the time to consider fiscal austerity, debt deflation or balance sheet restructuring. Sustained fiscal and monetary super stimulus will be needed for years

A bronze sculpture of a bull faces an electronic board showing the top 10 active securities on the Hong Kong stock market at Exchange Square in Central on June 2. Photo: Winson Wong A bronze sculpture of a bull faces an electronic board showing the top 10 active securities on the Hong Kong stock market at Exchange Square in Central on June 2. Photo: Winson Wong
A bronze sculpture of a bull faces an electronic board showing the top 10 active securities on the Hong Kong stock market at Exchange Square in Central on June 2. Photo: Winson Wong
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