Stimulus surge takes the sting out of COVID-19

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Stimulus surge takes the sting out of COVID-19

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Published Date: 2020-08-20 | Source: INCE|Community | Author: Mark Ingham

Stimulus surge takes the sting out of COVID-19

Moody's, the ratings agency, made the point recently that COVID-19 is driving business activity in America. How so? Are there risks and what about South Africa? Are there lessons to be learned? Here is a startling statistic. The M2 measure of the money supply in the US expanded by 48% in the second quarter on an annualised basis. In "Stimulus surge takes the sting out of COVID-19" Ingham Analytics ask, could there be in fact a sting in the tail?

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