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Topic: How Corona Virus changes our markets (with picture and charts) (Read 435 times)

jr. member
Activity: 210
Merit: 2
I agree with you. Though pictures and charts for me aren't enough to figure out all the changes that Corona Virus had brought us and the markets around the globe. A lot of changes in many forms as we often mentioned and so much more losses day by day. This crisis really made our lives in total chaos.
We just hope the cure will soon be created so we can slowly revive our economy and the stocks market will grow higher and eventually we can recover all the losses.
newbie
Activity: 94
Merit: 0
Quote
Gold also suffered a huge drop. But as it is always a number one asset up to now, people buy gold as crazy as they are, and right now, it's creating a new high level. IMO, in the couples of years, Gold will soon cross $2000 which is the result of the economic resurrection

Gold price isn't increasing because of some economic resurrection.The gold price is going up because of:
1.The stimulus plans and money printing by the central banks around the world.
2.The belief in investors and traders that gold is a safe heaven.
The global economy will continue going down.Gold and Bitcoin might become safe heavens for the investors,but the possibility of Gold and Bitcoin prices crashing again is still there.

By the way,I think that your title is wrong.The coronavirus isn't "changing" the markets.
The way markets reacted to such global shock was pretty normal.

Davis, I fully agree with you. We need to understand what are drivers of the markets before we make a conclusion. In these times it is dangerous to jump into conclusion based solely on chart moves.  Risks are higher now than in normal market conditions.
legendary
Activity: 2282
Merit: 3014
Thanks for putting all this together.  As an investment advisor by trade this is something I've been focusing on quite a bit, as well as getting asked about by my client all of the time.  I think a lot of whats going on right now is false positives.  I think quarter one earnings helped prop up markets but once quarter two earnings come and we realize how much covid has effected things..we could see a very very bad economy / markets world wild. Buckle up!
legendary
Activity: 2576
Merit: 1252
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Actually even without charts and pictures, we can already tell how we people are being affected by this pandemic and I guess you would agree that we are all getting affected negatively and that reflects on everything in our surrounding most specially into our economic state and that brings a great impact on how survival or how our countries are coping to fight back the spread of virus and the effect of it.

With this pandemic, the most affected individuals are those people that are poor or really in need because with the current crisis we are all facing, community quarantine are being implemented which postponed or cancel our works and with no work, they have no income and nothing to spend with. Although even rich people are affected because of temporary to permanent closure of business establishments, still poor people have suffered more on this time of pandemic. What we can experience and see on news are already enough to state or conclude that we are negatively affected by this pandemic.
legendary
Activity: 2730
Merit: 1288
Because if there will be no vaccine hope by October when economies will officially starting to enter recessions then we will see a huge panic among people. Tat panic will cause contraction of consumption and that is the worse thing we need. 
Don't expect mass production of the vaccine anytime soon. Most of them are still in trial stages currently and they would have to pass through a couple more stages for mass production.

Markets move on speculations and dumps on news. So you dont really need a mass produced vaccine for optimism. You need a solid plan to get to there. So a sign that a vaccine works. I know from that moment months or even a year will pass that there will be enough vaccine for everyone on earth but what matters for markets is to cut uncertainty off.
full member
Activity: 1708
Merit: 105
It is true that the corona virus is making changes in our market (crypto, oil, gold and stocks). Corona virus makes humans more creative and
trying to make lots of money. Because the corona virus causes many people to lose their jobs, this triggers us to become enthusiastic making money.
Although looking for money from home, and one of the solutions is by investing in cryptocurrency, gold and stock. Then no wonder if you see market
movements on the trading chart has increased, because of the high demand.
Theoretically, of course the things you say are very true, all in these circumstances must be more creative, because it takes action that is more than usual. because it is clear that all actions during a pandemic can only be done with social media and online transactions.
only when the pandemic is very reliable because there are no other alternatives that can be done to be able to transact and work to generate income.

crypto and stocks are very much sought after of course because it is easy to make transactions from home without the need to make a visit.
but Theoretically that might be done but of course not all can do it, because those who don't want to be bothered with the situation are also many and want to forget about their work without having to think about work because they have messed with pandemic news.

perhaps the most profitable of people with a view is to trade crypto, because if the stock is clearly not very attractive because many companies have stopped their activities.
As a result, many refrain from fearing that shares go down due to termination of employment.
but crypto also experiences its own dilemma, especially for many new projects which eventually have to be stopped due to a pandemic. which may still be running for transactions are those that are already on the market.
full member
Activity: 1190
Merit: 117
It is true that the corona virus is making changes in our market (crypto, oil, gold and stocks). Corona virus makes humans more creative and
trying to make lots of money. Because the corona virus causes many people to lose their jobs, this triggers us to become enthusiastic making money.
Although looking for money from home, and one of the solutions is by investing in cryptocurrency, gold and stock. Then no wonder if you see market
movements on the trading chart has increased, because of the high demand.
hero member
Activity: 1834
Merit: 566
Because if there will be no vaccine hope by October when economies will officially starting to enter recessions then we will see a huge panic among people. That panic will cause contraction of consumption and that is the worse thing we need. 
Don't expect mass production of the vaccine anytime soon. Most of them are still in trial stages currently and they would have to pass through a couple more stages for mass production.

(crypto currency) is the best option to transform/save the economy now not the printing of more cash. Still, the decision is up to the government either for them to welcome crypto with open arms or keep spread FUD about it.
Seriously? The pandemic has been screwing the world since the beginning of this year and the governments which stood against BTC and crypto haven't changed their stance for obvious reasons.

Why do you even expect them to change their stance when adopting crypto doesn't work in their favor?
I said that because something is more important than what we wanted some time and what we have to do is leave aside the difference, the economy is at stake and it better for them to go for a perfect answer which will secure the most important aspect than thinking of crypto adoption not working in their favor.
copper member
Activity: 2940
Merit: 4101
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No need to wait the winter, see yourself how many places around the globe already decided for a new stay at home order. Many companies were in agony during a 3-months period so imagine after 6 months.
Many more companies will find it hard to keep up, less employment, less gross domestic product, and the snowball effect continues.


I was talking about an economic crisis, like all others here debating about the economy and not a health crisis or a medical crisis or whatever. The number of deaths and your long post doesn't matter
hero member
Activity: 3178
Merit: 977
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Because if there will be no vaccine hope by October when economies will officially starting to enter recessions then we will see a huge panic among people. Tat panic will cause contraction of consumption and that is the worse thing we need. 
Don't expect mass production of the vaccine anytime soon. Most of them are still in trial stages currently and they would have to pass through a couple more stages for mass production.

(crypto currency) is the best option to transform/save the economy now not the printing of more cash. Still, the decision is up to the government either for them to welcome crypto with open arms or keep spread FUD about it.
Seriously? The pandemic has been screwing the world since the beginning of this year and the governments which stood against BTC and crypto haven't changed their stance for obvious reasons.

Why do you even expect them to change their stance when adopting crypto doesn't work in their favor?
sr. member
Activity: 1036
Merit: 281
People are in fear, they are afraid that pandemic might come even worse in fall and winter. Economies are suffering all around the world and it will take some time for recovery. And recovery will not be fast and efficient if economies and our societied don't transform toward digital. I mean we already are in digital age but some processes need to be faster and people's mindsets have to change. Otherwise we will not survive.

It definitely will come worse in fall and winter. I dont see any positivism on any market before vaccine will be made. Currently all markets are in a bull trap. I am positive that vaccine will not be mass available by October, but I really hope there will be at least some news about it by then. Because if there will be no vaccine hope by October when economies will officially starting to enter recessions then we will see a huge panic among people. Tat panic will cause contraction of consumption and that is the worse thing we need.  
The price is moving sideways with bullish bias and I think that it will move sideways again for a long time because there are still no vaccine that is currently available in the market. There are still investors who are fearful to buy and staying out in the market because there is still no available vaccine.

Even though there is recently price rally to the price of the bitcoin, we are not yet sure that it will established a uptrend because of the current situations of many economies all over the world.
hero member
Activity: 1834
Merit: 566
People are in fear, they are afraid that pandemic might come even worse in fall and winter. Economies are suffering all around the world and it will take some time for recovery. And recovery will not be fast and efficient if economies and our societied don't transform toward digital. I mean we already are in digital age but some processes need to be faster and people's mindsets have to change. Otherwise we will not survive.

It definitely will come worse in fall and winter. I dont see any positivism on any market before vaccine will be made. Currently all markets are in a bull trap. I am positive that vaccine will not be mass available by October, but I really hope there will be at least some news about it by then. Because if there will be no vaccine hope by October when economies will officially starting to enter recessions then we will see a huge panic among people. Tat panic will cause contraction of consumption and that is the worse thing we need.  
The situation of the pandemic is expected to be worse if no vaccine is detected and the previous medications (hydroxychloroquine, lopinavir and ritonavir) was discontinues by WHO but i believe the mass production of vaccine is possible once one is detect and as @bitbunnny digital (crypto currency) is the best option to transform/save the economy now not the printing of more cash. Still, the decision is up to the government either for them to welcome crypto with open arms or keep spread FUD about it.
legendary
Activity: 2730
Merit: 1288
People are in fear, they are afraid that pandemic might come even worse in fall and winter. Economies are suffering all around the world and it will take some time for recovery. And recovery will not be fast and efficient if economies and our societied don't transform toward digital. I mean we already are in digital age but some processes need to be faster and people's mindsets have to change. Otherwise we will not survive.

It definitely will come worse in fall and winter. I dont see any positivism on any market before vaccine will be made. Currently all markets are in a bull trap. I am positive that vaccine will not be mass available by October, but I really hope there will be at least some news about it by then. Because if there will be no vaccine hope by October when economies will officially starting to enter recessions then we will see a huge panic among people. Tat panic will cause contraction of consumption and that is the worse thing we need.  
full member
Activity: 434
Merit: 100
Looks interesting how easy somebody could manipulate the market in case of big news FUD
legendary
Activity: 2912
Merit: 1068
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People are in fear, they are afraid that pandemic might come even worse in fall and winter. Economies are suffering all around the world and it will take some time for recovery. And recovery will not be fast and efficient if economies and our societied don't transform toward digital. I mean we already are in digital age but some processes need to be faster and people's mindsets have to change. Otherwise we will not survive.
legendary
Activity: 2702
Merit: 4002
We cannot separate what is happening around us from the world. You must follow the news of the pandemic because it may decide what to do in the coming days.
if you think that the matter is over, you are wrong. The number of casualties is increasing dangerously and no one knows what is the best way to deal with the pandemic. Perhaps his lack of caution by many will make things return to their previous times.


When life returns to normal and we begin to calculate what happened due to the pandemic, then we can say that things may improve or increase either.
The economic situation is not secure and things could increase.
Many countries are suffering from a policy strike, and citizens feel the fear of what may happen.
hero member
Activity: 1890
Merit: 831
I don't need any chart to conclude we're in one of the biggest crises and contrary to what you say, I don't think it can be said at any point we're coming out of this stronger than before. We're not recovering everything, we're at the beginning of a terrible crisis.

Wait for September and you will see what I mean.  We will need several months to see the result and if the lockdown ended it doesn't mean everything is back to normal

Protecting the economy by printing money backed on debt? Are you sure it's something protecting?
If the economy is protected why are there several companies announcing either bankrupt or lay off thousands of people


First thing , This is not even in the category of one of the biggest crisis ever .

Do you know HIV/AIDS , killed 36 million people back from 2005-2012 ? Whereas Flu pandemic killed 1 million back in 1968.

Corona Virus right now killed 533,773 people in the whole world. The only problem we have is it's Infectious nature. Corona Virus is not the worst but unfortunately people do not want to wear a mask , even though we are well aware that , masks can prevent the forthcoming wave .

I do think we should also stress on the point that *It could very easy have been prevented* , right at the source , it would have just stopped at the epidemic then . The carelessness of the government plus the unnecessary restrictions that China did put in the beginning when they were asked by various countries , for the evaluation of the COVID-19 , did prove to be fatal to the whole world.

Even now we have a new swine virus with pandemic potential and I do think it is not the worst crisis ever but can evolve in one , if they do the same mistake with this virus , plus if the countries like India and China , continue to increase their border tensions creating another War , whereas if America continues to attack it's citizens with so called *peaceful* tear gas , continue to allow police brutality, soon enough people will overthrow the government.

We might as well get ready for a World War + pandemic + government against it's own people, hopefully the peace treaty won't be broken and things will stay normal, New-Normal.
copper member
Activity: 2940
Merit: 1280
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The need for money affected everyone. As the price of stocks and cryptocurrencies plummeted, there are probably a lot of people who sold everything for the emergency lockdown for the supplies, etc. When everything settled down, and people started to invest in it again, so technically, we have nothing to worry about.

Even when you checked the old stock charts from before, when the stock market crash happened too, the market came back even more durable. It's not always going to be positive with the market, and there should be ups and downs as well. There seems to be stuff that happens during those times, significant events for sure.
hero member
Activity: 1414
Merit: 574
As you can see, the world is facing one of the most dangerous diseases in the last 20 years. Covid-19 started from the market in Wuhan, China, and rapidly spread around the world in the next 4 months. Scientists and doctors are in the race to find the cure which can stop this disease from spreading wider. Some sources say nCoV is evolving which brings even stronger viruses. Well, in my opinion, the human is always the winner although the cost is expensive

Let's see how this pandemic impact the world in the past 4 months:

We have the same hope for the world's economy. We want the world's economic condition will be better in the next months. What we can do is improve ourselves. Increase our knowledge and skills is the best way to face this pandemic. In this pandemic era, every side in this world gets the effect of this pandemic especially the economic side. Only the survivor can survive in this new challenge so prepare our selves and improve our skills and knowledge as fast as possible.
copper member
Activity: 2940
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I took the USA as an example since the elections are coming soon, so the example is more obvious. I could have taken my country too (or another) knowing that the elections are coming in 1-2 years.
What I meant to say is that the argument is valid for any country where the president would seek to be elected again.

I don't know in which you live but, what did your government do especially for the economy? Certainly like many other countries where the central bank has (still) printed banknotes. But you will have to pay this money since it doesn't come out of the sky. How is your government going to do it? Raise taxes, reduce subsidies, which means that your citizens will have less aid, less purchasing power, etc.

The middle class is really going to suffer. It's a matter of weeks. I'm a total idiot by the way, I should have bought more gold, the good news is I can only blame myself.

As @extasie say, we can't see the results immediately, personally I think we will have to wait maybe 2 or 3 years to make our own opinion.

Also, I don't know what you mean when you say that the world is "joining together", using new technologies (which tech do you think about?).
On the contrary, countries are "fighting" each other. Between some countries that steal masks from each other was a very good example. Or in Europe, where countries are fighting over who will pay for the masks. (great European Union by the way)

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