Market Sentiment & Lateral Thoughts
An independent panel has urged the Group of Twenty nations to launch a ‘global deal’ to prevent catastrophic costs of future pandemics.
The G-20 commissioned the panel which presented an 86 page report: “Global deal for Our Pandemic Age”. The … Read the rest
GOLD is struggling to bottom out but the key will be the course of bond yields, and the US dollar. Much will depend on whether algorithmic funds change course.
Investment advisers have long described gold as a safe haven, but … Read the rest
Global debt soared by a whopping $24 trillion to an all-time record of $281 trillion, or 355 per cent of gross domestic product (GDP) in 2020.
Massive government aid and the decline in state and corporate revenues caused the borrowing … Read the rest
Global debt It is expected to surge to over 342 per cent of GDP or $270 trillion. Much depends on the length of the pandemic and depth of recession
EXTENSIVE global debt is likely to impede economic growth once the … Read the rest