In mid-February we tried to assess what the covid-19 outbreak might mean for Australia’s economic growth prospects through 2020. Our view at the time was that soon to be released Q4 2019 GDP would be around +0.5% q-o-q, +2.0% y-o-y but that severe bushfire damage and...
Risk assets responded to news about the spread of the corona-virus in February rising on evidence of a peaking in new cases in China and then falling sharply on rising numbers of new cases outside of China increasing the risk of a global pandemic capable of crunching...