What each country’s success (or failures) can teach us about personal finance.
US stocks had the best month since 1987 amidst the economic devastation wrought by COVID-19. Could this be a sucker rally? Is it irrational? Or it could just be the nature of a very complex market.
How should we use the cash payouts from the government? The answer is it should be no different than the money we earn. However, in reality, we are susceptible to mental accounting.
In part 3 of this series, I will explore how governments had responded and how we could respond to this crisis.
In part 2 of this series, I will explain about the fiscal policy response from governments to the COVID-19 crisis.
The world economy has fallen sick from COVID-19. In this three part series, let us first look at the monetary policy response from the central banks in dealing with the effects of economic slowdown from COVID-19.
Health is wealth. What is the value of health to the economy? The current health crisis has indeed shown us the detrimental effects of the lack of health on our lives as a whole.
COVID-19 had changed our lifestyle significantly and as a result, we are consuming less. Let us take a look at these areas. Perhaps it is also not a bad idea to use those money saved to help others in need.
In the recent market crash, other assets which are considered safe havens had also joined stocks in a race to the bottom.
Oil war, pandemic and travel ban are ingredients for a market disaster. The combined effect of all these three fuels uncertainty in the market.