Virus pandemic's long-term pain is just becoming clear to markets
An indisputable takeaway from Covid-19 crisis is massive expansion in global debt
Sat, May 02, 2020 - 5:50 AM
Even as they cheer news about economies re-opening and progress on medical solutions for the coronavirus, investors are being diluted by corporate capital raising.
THE best month for global equities in almost a decade may be enough to convince investors the light at the end of the novel coronavirus tunnel is not a train, but the debate on what comes next is only just beginning as they adjust their focus to a financial landscape utterly changed...