Elevenses 26th March 2020

  • Fed’s Powell says there’s more in the Fed tank, confidence will return when the virus is under control, “we may well be in recession” on NBC
  • WHO gives blunt warning on government’s actions on the virus “we squandered the first window”
  • US death toll keeps rising with talk the US could end up with the worst outbreak
  • ABN Amro Clearing lost $200m on a single client

Equities miss a step ahead of the Jobless Claims number as most markets and futures ease off.

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