Helicopters = Orthodoxy

"Orthodoxy means not thinking – not needing to think. It is unconsciousness."

Governments around the globe have pledged trillions to address the Virus Pandemic. It doesn't matter if markets aren't convinced. Yesterday's bout of coordinated Global Spending promises are about keeping populations safe and secure by protecting the global economy from the Virus uncertainty. 

The Pandemic is being addressed! This is the big test of our epoch. Break out the optimism!

UK - WOW: Hats Off to Boris and Sunak

Despite my earlier misgivings about Rishi Sunak as Chancellor, he and Boris delivered a BLINDER yesterday – a package likely to get the UK through the Virus Crisis with far less collateral damage than we ever expected. Sunak comes across very well. He sounds competent, balanced and focused… When you've got Boris as premier.. that's a very good thing.

Is it enough to stop the market panic and signal it's time to start buying UK Inc? Maybe.. It certainly feels like the end of the beginning with real support thrown under the UK. Something firm now underlies the market. There will still be shocks to come.. but hey-ho… let's go!