RE: US shares see their biggest weekly gain in 46 years10 Apr 2020 09:53
Bigsmoke - I do not entirely agree with what you have posted, World economy is held up with sticky plasters. You posted Wall Street's S&P 500 shares index has risen 12% this week, but you failed to say Wall street has fallen some over 20% in the last few weeks. Central Banks can and will throw money around like there is no tomorrow and at some stage they will say enough is enough. IMHO the World economy will get better in the short term, but will be in worse state, as the unemployment starts to rise. No one has said, as to how we are going to pay back the funds, that's been thrown at the economy. None of this money being given away is directed at the real needy ... I mean at the poor, there no mentioned by any MP's about number of people trying to get Unverisal Credit to make ends meet.