Do u think stock market will crash again in 2020?
Its clearly not reflecting economic status
36-40, M
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Firstnlastlove · 36-40, M
@hartfire yes thats seems true.. a V shaped recovery or the one like 2008 crisis seems unlikely
@Firstnlastlove Impossible.
V shaped recoveries can only happen when consumers need money to spend.
With so many losing their jobs due to Covid shutdowns, large numbers will be unable to pay rent or mortgages and kicked out on the streets.
To halt the spread of the virus in second wave hotspots, shut downs are the only way - otherwise the pandemic takes off exponentially (ie, far worse than we've seen it thus far).
The second waves are proving more infectious and affecting younger people (children and workers). Even with the recent upgrades to facilities, hospitals are again being over-run. Health workers are dying and now in short supply in hotspot areas.
Despite first and second waves, this is still only the start of this pandemic.
By the time we achieve a safe and effective vaccine, or medications to reduce the effects of symptoms, every country's economy will be in serious trouble.
Since the trade is so globalised and interdependent, this crash will affect everyone.
V shaped recoveries can only happen when consumers need money to spend.
With so many losing their jobs due to Covid shutdowns, large numbers will be unable to pay rent or mortgages and kicked out on the streets.
To halt the spread of the virus in second wave hotspots, shut downs are the only way - otherwise the pandemic takes off exponentially (ie, far worse than we've seen it thus far).
The second waves are proving more infectious and affecting younger people (children and workers). Even with the recent upgrades to facilities, hospitals are again being over-run. Health workers are dying and now in short supply in hotspot areas.
Despite first and second waves, this is still only the start of this pandemic.
By the time we achieve a safe and effective vaccine, or medications to reduce the effects of symptoms, every country's economy will be in serious trouble.
Since the trade is so globalised and interdependent, this crash will affect everyone.