The history of the stock market is filled with lots of drama. This includes the market crash in 1929, the fall in share price by 20% in one day on Black Monday in 1987 as well as 1999’s dotcom craze. Therefore, after these occurrences, then nothing should be much of a surprise, right? Well, that Read More…
Economics
COVID-19 and the Macroeconomic Change of Capitalism
Capitalism is not going anywhere, but the coronavirus crisis has certainly jolted the foundation of the global economy. Perhaps, the deep recession was inevitable. What is startling, however, is that the GDP would contract by 3.1% in 2020. Comparatively, it makes the current year weaker than the financial crisis of 2007-08. That said, it seems Read More…