The fear among investors about the novel coronavirus pandemic and its devastating impact isn't going away despite promises of massive government support for business. US stock futures swung back into the red overnight after Wall Street's slight rebound.
US Treasury Secretary Steven Mnuchin is pushing for a $1 trillion economic stimulus designed to prevent the unemployment rate from soaring to 20%,Volatility across markets has created considerable anxiety
amongst investors trying to gauge the effectiveness" of various healthcare, monetary and fiscal policy responses, wrote Bob Michele, global head of fixed Income at JP Morgan Asset Management, in a research note.
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