In Money Minder’s previous article about Coronavirus - A co-ordinated global response, how it might affect your cash and investments and what you should consider stocking up on, Ray Black, (Money Minder's MD and chairman of our in-house investment committee) examined the monetary and fiscal responses from global leaders and discussed the potential implications that vast amounts of money printing could bring with it.
In this article, Ray extends his analysis to include the impact that extended lockdowns may have on businesses around the world, how Governments and Central Bankers might respond if the global economic situation takes a turn for the worse and what he expects to see happen once the global lockdowns have been lifted.
The aim of this article is to provide information and guidance that will help our clients to make informed investment decisions, however, it will be helpful to anyone who is interested or concerned about the impact the coronavirus might have on the global economy.