Are we in the second wave? Alternative data could help us predict when the second wave of COVID-19 will impact the global economy again. Recent facts from WHO show an increasing cases trend in numerous countries globally, this trend reminds us of the first wave which started in China and spread to Asia, followed by the EU, America, and finally Africa. During the past weeks, the upward trend was [...]
The Impact of Coronavirus on South Korea Consumer Discretionary Sector Coronavirus impacts South Korea's consumer discretionary companies strongly as it's force shutting down, suspend manufacture, closing stores, supply-chain disruption etc...As the Consumer Discretionary mainly relies on physical presence, the impact of COVID-19 made shocks to this sector in South Korea and basically, in every country around the world. South Korea reported its first case on January 20, but the [...]
The Impact of Coronavirus on S&P 500 Companies Outlook The spread of the coronavirus has reached a pandemic, spanning 112 countries and regions, the stock markets have officially plunged into correction territory—at the fastest rate ever recorded, suffering its worst losses since the 2008 financial crisis this week amid ongoing panic over the spreading coronavirus and its impact on the global economy. Economists now say it is increasingly likely [...]
Coronavirus and companies' reaction on its implication The World Health Organization official said other governments need to prepare for“domestic outbreak control” if the disease spreads in their countries. The spread has spooked global markets and threatened prospects for economic growth. an updated number as for Feb 09 reach to death toll for new coronavirus hits 805, exceeding that of SARS. The update death toll as to Feb 17 1775. [...]