Market volatility is not uncommon at times like this, the Treasurer says reassuringly. But Josh Frydenberg’s attempts to urge calm on Monday sound more like crying into a hurricane.
No one knows how “times like this” will add up or end up. What now seems certain is that these particular times will get worse before they get better – no matter how big the stimulus package proffered up by the federal government this week.
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Jennifer Hewett is the national affairs columnist. She writes a daily column on politics, business and the economy. Connect with Jennifer on Twitter. Email Jennifer at jennifer.hewett@afr.com
