Stock Markets are totally " unprepared " for how long Economy will take to normalized after this Pandemic.
In India Sensex and Nifty are very very down,.this only happens in before once in 2009 in the Month of May.
Our Country can defeat Coronavirus, but after that we have to face a very big crisis of Economy.
The European Stocks posted their worst quarter since 2002.
The Dow Jones Industrial Average and S&P 500 in United State were both down by around 20% over the first quarter of this year.
Fears are growing that the worldwide economic downturn could be especially deep and lengthy, with recovery limited by continued anxiety.
The pandemic is above all a public health emergency. So long as human interaction remains dangerous, business cannot responsibly return to normal. And what was normal before may not be anymore. People may be less inclined to jam into crowded restaurants and concert halls even after the virus is contained.
"The Last Economy Crisis didn't Change the World, but This can " prediction made by Experts because at this time, It is not in only 2 or 2 country Pandemic, instead it is a Global Pandemic called Novel Coronavirus.
Nowadays, every bussiness is closed, due to which the GDP of particular Countries gets very down and Stock Markests also crashed it due to which the Investor are in problem. The Economy is in problem Many Companies and small Bussinesses were closed, Many Employes were fired, due to which we have to face challenges on future of Job, Economy, Money, Family, etc. This is the Worst time we know but by sitting in home we can make revenue, by doing Online Jobs or Bussiness, and have to , understand that If we wants then achieve it.
#Stay home #Stay safe
Regards,
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