How come the recession is delayed and the stock markets are rallying?
The monetary policy impact has been extremely slow due to the low cost of debt in recent years, which is propping up the so-called ‘zombie’ companies
The monetary policy impact has been extremely slow due to the low cost of debt in recent years, which is propping up the so-called ‘zombie’ companies
US authorities have asserted that deposits are guaranteed while investors keep dumping shares and central banks rethink their monetary policy following the collapse of Silicon Valley Bank and Signature Bank