Here’s What Investors Say About Trump’s Shock Virus Plan [Yahoo! Finance News]
ING Group, N.V. (ING)
US:NYSE Investor Relations:
ing.com/investor-relations.htm
Company Research
Source: Yahoo! Finance News
) -- A combination of President Donald Trump’s unprecedented travel restrictions between the U.S. and Europe and underwhelming stimulus measures sparked a fresh exodus from risk assets in global financial markets Thursday. The rush to gauge the impact on the global economy and corporate earnings, a sense of disappointment at the lack of detail in the U.S. stimulus package and an impression that Washington has fallen behind the curve in its virus response occupied the minds of market participants Here is a sample of their views: Transatlantic Animosity Sue Trinh, global macro strategist at Manulife Investment Management in Hong Kong: “All the ‘solutions’ we are seeing from the powers that be are reminiscent of the great financial crisis. Bailing out the zombies while structural issues surrounding allocation of resources remain -- liquidity does not control the spread of this virus. Where are the hospital beds, ICUs, doctors, medical equipment and vaccine R&D?” On Trump’s measures, “not
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