(14 MAY 2020)DAILY MARKET BRIEF 1: Demand for more stimulus.
<p>The global risk sell-off is picking up momentum on worries that the post-coronavirus economic recovery may be bumpy due to renewed contagion waves and that the tensions between the US and China could further dent the world economy from gaining a healthy pace of recovery.</p>
<p>The UN warned that the coronavirus crisis could shed four years of growth and push 130 million people into extreme poverty. If the business reopening plans fail worldwide, these numbers could shoot up and paint an uglier economic picture for the decade to come.</p>
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