Business
In this week’s episode IG's Victoria Scholar talks to Nick Cawley from Daily FX to discuss the unprecedented fiscal package announced by the US government. The stimulus will provide direct support for small and large companies hit by the outbreak, and give them measures to keep their employees, says Cawley. He compares fiscal and monetary policy and their effectiveness in fighting the economic effects of the coronavirus. He comments on whether the US economy can recover by Easter, which is what President Donald Trump is hoping for. Plus he encourages traders to trim position sizes during this current period of increased volatility. Any opinions, news, research, analysis or other information does not constitute investment advice.