Do you consider the COVID-19 issue is what has put a hiccup in our current economy? If so, in the financial markets where do you see it effecting the most?
Covid 19 Pandamic has a severe impact on our current Economy world wide, it includes Stocks, bonds, oil prices, Commodities etc. It is causing Largest Global Recession in the history as most of the world population is on lock down
Overal Stock Markets across the world declined over 30% by March,Oil Prices spiked the Crises level.
Massive ammount of Borrowings by the Firms, Whose growth is leveraged on Loans, Which are made to Significant Debts are Creating Vulnarability in the Financial System accross the World.
This Collapse of Corporate Debt leads to Solvency of firms and resulting the World Recession
Stock Market Crash which Began at march2020 resulted the Crash of Both Bond and stock prices drastically..All Bond prices includes US treasury Bonds municipal Bonds crashed drastically which resulted the huge losses for the investors
The Dow jones and S&P from USA have dropped by over 20%
Central Banks around the World are taking possible measures to calm down the situation of Financial and bussiness losses
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