Is US coronavirus spending and ballooning debt at risk of stoking global asset bubbles?

//Is US coronavirus spending and ballooning debt at risk of stoking global asset bubbles?

Is US coronavirus spending and ballooning debt at risk of stoking global asset bubbles?

Another US economic stimulus package, coupled with the Federal Reserve’s willingness to keep its monetary tap on, could see trillions of dollars pumped into the global financial system and lead to a series of asset price bubbles, analysts have warned.On Tuesday, Asian stocks and currencies were holding near highs as capital continued to flow into the region after US president-elect Joe Biden said last week he would outline new pandemic relief measures of at least a trillion dollars on top of…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2021-01-13T12:30:16+00:00 January 13th, 2021|World|Comments Off on Is US coronavirus spending and ballooning debt at risk of stoking global asset bubbles?