19 Mar 20 - Stimulus Fails to Lift Markets  | Pushpay Rebounds Global markets were down overnight, as the US market (S&P500) fell -5% in another volatile session as the economic fallout from the pandemic outweighed relief packages from major governments and central banks. Oil prices continues to collapse down another -25% to ~US$20 / barrel as the oil war escalates between Russia and Saudi's, putting more pressure on energy sector which was the major loser. European markets were down -3.9%, with all sectors in the red led by the energy sector, with Asian markets performing marginally better reporting slightly weaker falls. The number of covid-19 cases continue to grow, now at 217,000 with 8,900 confirmed deaths, now growing at an exponential rate, causing more market volatility in the interim - with large scale actions now required to mitigate the spread. We are watching devlopments as they unfold in this unprece...