Tuesday, March 3, 2020

Coronavirus biggest economic danger since GFC, warns OECD; Wall Street surges on central bank intervention, Dow ends up 5.1 percent

The coronavirus is the biggest risk to the world's economy since the global financial crisis more than a decade ago, the OECD has warned. 

Australia's economy has been singled out given the hit to tourism and education along with Japan and South Korea. 

At the same time, Australia's Reserve Bank appears almost certain to cut interest rates to calm nerves about a pandemic.

Here's my analysis from this morning's edition of AM

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