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GBIL - Coronavirus Roundtable - Watching Out For Real Economy Pain (Video)
Goldman Sachs Access Treasury 0-1 Year
by Daniel Shvartsman
We've taken to calling the fiscal and monetary plans to deal with the coronavirus shutdown as stimulus. But as Nick Gomez, who writes as ANG Traders and runs Away From The Herd on the Marketplace, makes clear, this isn't a stimulus plan, it's a way to fill an economic sinkhole. And so far the response hasn't been adequate to do so.
In a continuation of our coronavirus roundtable series, I spoke with Nick last Wednesday about the markets, the stimulus so far, and where we may be headed. Click play to watch,