‘All Is Well’- Says Who?

While a benighted government is still in denial mode, economic data reflect that India is staring at a severe economic crisis.

Market Spice: Week of 23 March

The outbreak of COVID-19 left few parts of the global economy untouched, with national governments struggling to coordinate swift responses. A multi-trillion dollar stimulus package in the United States, and further measures from governments around the world, spurred equities over the week, leading to record gains.