Global Perspective provides a view of the latest global economy and market events.
The European Central Bank’s (ECB) additional monetary stimulus appears synchronized with the European Union’s planned unified-fiscal policy expansion.
The National People’s Congress (NPC) is by far the most critical policy meeting in China.
As the origination point of the COVID-19 outbreak, China is facing growing backlash.
Negative yields are here to stay in Europe and Japan, unless central banks start to implement untested and unconventional monetary policies.
Europe needs a common response to address COVID-19, but the latest stimulus does not appear to be the strong, unified fiscal response necessary to help the entire Eurozone through this crisis.
There have already been sovereign credit rating downgrades by rating agencies.