Investment thesis: all markets are still far too volatile. Make no new investments. Cash is king right now.
There has been a wave of intense central-bank activities over the last week in response to the coronavirus outbreak - too many to list. Here are some of the larger and more important announcements.
The ECB announced a new quantitative easing program on Thursday (emphasis added):
This new Pandemic Emergency Purchase Programme ((PEPP)) will have an overall envelope of €750 billion. Purchases will be conducted until the end of 2020 and will include all the asset categories