Tag Archives: ProShares UltraShort Nasdaq Biotechnology

Former ECB member Benoit Coeure warns of corporate insolvency looming

Certain companies risk becoming insolvent as governments speed up fiscal support, a former member of the European Central Bank warned Tuesday. Many governments have deployed a massive fiscal stimulus to mitigate the economic consequences of Covid-19. In most cases, this has allowed companies to avoid bankruptcy and employees to have …

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