Business
Which shares will benefit from trillions of dollars in new global stimulus?
Make no mistake.
Without the concerted stimulus efforts of governments and central banks across the developed world, the late March share market miracle rallies would not have occurred.
In the United States, the Nasdaq Composite (NASDAQ: .IXIC) would never have soared 82% from its 23 March low to its closing level yesterday.
In Europe, Germany’s DAX PERFORMANCE-INDEX (DB: DAX) would never have leapt 57%.
In Asia, Japan’s Nikkei 225 (NIKKEI: NI225) would not have rocketed 59%.
And here in Oz, the S&P/ASX 200 Index (ASX: XJO) would not have gained 47%.
Not without central banks slashing interest rates to effectively zero and pumping trillions into their quantitative easing (QE) programs. And not without governments abandoning…
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