Coping with the economic downturn
What can the government do to help households and businesses to cope with the economic downturn? Here are my suggestions. Protect jobs The businesses that are badly affected by the economic downturn have to cut down their wage cost to match the decline in their revenue. Most of them have to retrench their workers. The retrenched...
What cause the collapse of the stock market?
What cause the stock market to collapse on 9 March 2020? a) The spread of corona virus in Europe and America? b) The collapse of the oil talk between Saudi Arabia and Russia? c) TKL's birthday? I believe that the biggest factor is - hedge funds. When the hedge fund sold the shares in large quantity, the rest of the traders...
Investors who gave finger to Wuhan virus doom mongers now crying
The S&P 500 was down by 3.6% by lunchtime today, its worst day since February 2018, and the tech-heavy Nasdaq lost 4%. Earlier other global stocks slide after Italy’s coronavirus lockdown. Iinvestors shift from equities and oil to bonds and gold Just last week, Wall Street bullish on corporate earnings despite virus....
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