S&P Global Forecasts Global Recession Due to Coronavirus
China is a barometer for what the rest of the world can expect in the downturn, firm says.
The institutional investor joins firms such as JPMorgan in mobilizing around the relief effort.
Good news is overshadowed by market reactions to the coronavirus pandemic that have cost the largest US pension plan more than $50 billion.
‘Hell is coming,’ the activist investor admonishes, calling for more stringent measures while the nation reels economically.
Norway’s central bank is ramping up spending amid greater calls from the government for a stimulus package.
Plans in Massachusetts, Mississippi, and other states assure retirees that benefits won’t be delayed, but suspend counseling appointments.