global recession

March 9, 2020
Covid-19 and the oil price war: A global recession is almost inescapable premium
A global recession is now almost inevitable in 2020. Monday has seen global stocks and government bond yields decline after oil prices nosedived by near to 30%, as I discuss in this short video. This is oil’s sharpest one-day fall since the Gulf War in 1991, further driving the global stock market sell-off that got underway a fortnight ago on fears the Covid-19 outbreak will severely affect economic growth. Every major stock market around the world is Read More
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Nigel Green