The Week That Will Be (26th April 2020)

The big three central banks this week will bask in the market response to their interventions and signal their ability to do "whatever it takes" to prevent a recession turning into a depression. Coupled with the improving health statistics and the easing of lockdowns, this will trigger a brief period of euphoria. It will be shortlived. The binge on freedom will peter out when it's evident there's less upon which to binge.

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