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Impact of COVID-19 on Economy

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Impact of COVID-19 on trades, various sectors , consumables, stock market , healthcare system and many more... SHUCHI.P.NAHAR The coronavirus is not only a health crisis of immense proportion—it’s also an imminent restructuring of the global economic order. Here’s how leaders can begin navigating to what’s next. "Millions of workers in these countries are facing the bleak prospect of losing their jobs. Governments are considering and rolling out large stimulus packages to avert a sharp downturn of their economies which could potentially plunge the global economy into a deep recession. In the worst-case scenario, the world economy could contract by 0.9 per cent in 2020," the DESA said, adding that the world economy had contracted by 1.7 per cent during the global financial crisis in 2009. It added that the contraction could be even higher if governments fail to provide income support and help boost consumer spending. For some organizations, near-term sur

The Most Important Thing - by Howard Marks

Book Summary : The Most Important Thing - By Howard Marks Summary by: Shuchi. P. Nahar Brief Introduction about the Author- Howard Marks For twenty years Howard Marks has been educating investors with his “Memos from the Chairman,” and in writing The Most Important Thing, Marks drew from these memos to compile the most important lessons he has learned as an investor. That he is an outstanding investor goes without saying he is also a great teacher and a thoughtful author, and The Most Important Thing is a generous gift to all investors. In The Most Important Thing Illuminated, readers will benefit not only from Marks’s hard-earned wisdom, but also from the insights of three seasoned investors Christopher Davis, Joel Greenblatt, and Seth Klarman and a Columbia Business School adjunct professor, Paul Johnson. The Most Important Thing Illuminated continues the value investing community’s tradition of generously sharing its ideas, insights, and investment wisdom. What