Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
General Motors Co.’s Mary Barra offered to manufacture hospital ventilators in auto factories shuttered by the coronavirus outbreak, an effort that would echo Detroit’s contribution to Allied powers during World War II. Via Bloomberg. GM’s chief executive officer floated the idea during a conversation with top White House economic adviser Larry Kudlow, he told reporters … Continue reading “Build More Ventilators”
More stimulus from the ECB, including the purchase of non-financial commercial paper. Following Japan, UK and USA. But just pause, to ask how will yet more liquidity helps – sure it might move bond rates, but support for real households and businesses should now be the main focus. Repeating the past mistakes and expecting different … Continue reading “ECB Launches €750 billion Pandemic Emergency Purchase Programme”
Excellent piece on an important subject – cashflow is the problem! We sure need more than lipservice…. Tens of thousands of small businesses are facing imminent collapse as revenues tank and they run out of cash. Urgent action is required to avert the disastrous consequences which will follow. Sensible government intervention like travel bans should flatten … Continue reading “The BankDoctor Says Government Must Act Now To Support Small Businesses”
I discussed our latest modelling on ABC News Radio this morning.
Interesting statement from the Bank of Canada, their central bank. During this time of heightened public health measures intended to limit the transmission of COVID-19, some consumers and businesses are choosing not to use cash to limit potential exposure. Refusing cash could put an undue burden on people who depend on cash as a means … Continue reading “Bank Of Canada Underscores Importance Of Cash”
The latest update in our series tracking the latest finance and property news.
Robbie Barwick and I discuss what should happen next. https://www.propublica.org/article/how-south-korea-scaled-coronavirus-testing-while-the-us-fell-dangerously-behind Dr Wilson Sy – The Economy of the Lucky Country (Part 1) – How lucky? Dr Wilson Sy – The Economy of the Lucky Country (Part 2) – Will the luck run out?
In the light of current events, our regular discussion of the latest in finance and property issues is even more important.
The latest update in our series tracking the latest finance and property news.
The Australian Statistician announced on 16 March the commitment of the ABS to provide the community and governments with access to additional, more up-to-date information on the economic responses of individuals and businesses to the coronavirus, COVID-19. This preliminary retail turnover data release is the first in a series of additional product releases over the … Continue reading “Preliminary Retail turnover Rises 0.4% in February”