SPEU - International Economic Week In Review 3/9-3/13

Investment thesis: The global equity markets - like their US counterparts - sold off sharply last week. Make no new moves into international markets.

The Bank of England cut rates 50 basis points and provided additional stimulus (emphasis added):

At its special meeting ending on 10 March 2020, the Monetary Policy Committee ((MPC)) voted unanimously to reduce Bank Rate by 50 basis points to 0.25%. The MPC voted unanimously for the Bank of England to introduce a new Term Funding scheme with additional incentives for Small and Medium-sized Enterprises (TFSME), financed by the issuance of

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