The stock market is at a historical point. If we look at the S&P 500 index we can discern a resounding drop from 3,397.50, its maximum on February 20, to 2,174 on March 23. Just one month was enough for a 36.01% collapse, one of the worst in history. But it stands out, above all, for the speed…
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Browsing Tag
black swan
Bitcoin as an alternative to cover the risk of the stock market
The recent coronavirus outbreak has had large-scale consequences that go beyond the spread of the disease. For March 9, 2020, the Dow Jones Stock Indices recorded a -7.8 % drop, which turned out to be the worst loss in history.
Previously,…
Juan Carlos Apitz: Economy recovery depends on different factors
Current global pandemia that has stopped the world and forces citizens from all the nations to stay on quarantine, has diverse and deep effects on global economy. The quarantine represents a shock on demand, because of the social…