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Analysis of economic development: implications for the world power balance
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COVID virus is the enemy of human beings. This is a war that for

(2020-03-22 12:51:27) 下一个

COVID virus is the enemy of human beings.

This is a war that forces all mankind work together to fight back - conquering the novel coronavirus known as COVID virus. Fortunately, it appears that vacine for protecting man from being infected has tested on human volunteers (see
https://www.wenxuecity.com/news/2020/03/21/9264098.html). Medicines curing the infected people have been founded in France (see https://www.wenxuecity.com/news/2020/03/21/9266302.html). 

Positive news keeps coming in. However, the cases of infected people also continue rising in some countries, like the USA, Canada, and Italy. Some states or provinces have declared the state of emergency in order to control the virus spreadings and to slow down the arrival of pandemic peaks in these places. It has to admit that all these measures must have severe conequences on economies, markets, and people's lives, etc. The affected scale and degree are now hard to predict.

The S&P Index on Monday may a clear signal of indication whether the Feds policies are working or not to save the market. Be patient and see what is going to happen next Monday and week.

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