20% of the world on lock down... Nasdaq be likepic.twitter.com/SksHF8POgQ
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I believe this has to do with the equity indices having lower risk than individual stocks so has a flight to safety a bit, but also beliefs about further fiscal & monetary stimulus that may result. (?)
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1 thing about this, monetary stimulus only works up to a certain point. If real risk factors (death, war, supply chain) overwhelm, it will unwind very quickly as the risk premium would suddenly jump many magnitudes over incremental reductions in discount rate from monetary policy
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