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> I can't trust WHO now related to Covid-19, especially after what happened to stock. The stock market is an indicator of investor confidence. How investors fe
by cyphar 7y ago
> I can't trust WHO now related to Covid-19, especially after what happened to stock.
The stock market is an indicator of investor confidence. How investors feel about a particular event is not necessarily accurate, and has basically no direct relation to the WHO.
- notahacker 7y agoAlso, even a perfectly successful way of containing Covid-19 would depress stock values [against a benchmark of the virus not existing] if it involved containment actions such as isolating significant numbers of people and cancelling events and flights.
- cm2187 7y agoAlso stocks react to the economic impact of the panic, not necessarily to the disease itself. I also wouldn’t overplay the market correction. We are back to where stocks were in Oct last year, when there were no concern about the virus.