Covid-19: Assessing the impact of doing 'whatever it takes'

State stimulus packages unpicked

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Dmitri Smolansky and Edgar Sullivan of Secor Asset Management
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Dmitri Smolansky and Edgar Sullivan of Secor Asset Management

Global policymakers adopted a "do whatever it takes" attitude to the Covid-19 crisis encompassing aggressive monetary and fiscal easing and generous loan-guarantee programmes.

Fiscal policymakers have seemingly put their concerns about budget deficits on hold when it comes to addressing the most significant economic crisis in 75 years or more. Although the global stimuli...

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