Those moves came as the pace of new reported cases of the ongoing coronavirus outbreak appears to be slowing down — recently hitting their lowest levels since late January. Chinese lawmakers have also taken steps to curb a possible economic downturn from the coronavirus.
" fears are starting to lessen as the number of new deaths and cases decelerate," Tapas Strickland, an economist at National Australia Bank, wrote in a note. COVID-19 is the official name given by the World Health Organization for the virus that was first reported in Wuhan, China. "For markets, the development has come 'like a little prayer' that has been answered and risk sentiment continues to improve," Strickland said.
US deficit surges 25% in fiscal 2020 and is up $1.1 trillion over the past year. US national debt past $23 trillion. Coronavirus a serious epidemic in China (16% of global GDP). Greek 10-year yields fell below 1% (in 2012 was 44%). Climatic crisis. Stocks close at record highs
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