
David Shapiro on stock market's 10% surge celebrating US Govt's "much needed" $2trn injection
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For vastly experienced stock market watcher David Shapiro, the $2trn US Government stimulus package is to be applauded. He has little doubt this was the right call - even though it came on top of the promise of even more support from the Federal Reserve. In times of war, he reasons, you spend first to ensure victory and worry later about how to pay for it. - Alec Hogg