In a nutshell: New policy will boost the economy temporary, however, in a long run, it will cause more damage than helping.
Simple: Even when people have money, they won't likely go out, due to COV-19 virus. Travel sector and retail (Macy, JC,...) will take a big blow and the earning will be really bad in the Q2 2020.
Entertainment (online) or Online business won't be effected too much.
Oil tension is still there, small oil companies with high debt/ Equity are really high risk. Demand for oil was halved (also due to Cov-19). Oil war will make the oil price become really cheap. People will not see profit in this sector.
Simple: Even when people have money, they won't likely go out, due to COV-19 virus. Travel sector and retail (Macy, JC,...) will take a big blow and the earning will be really bad in the Q2 2020.
Entertainment (online) or Online business won't be effected too much.
Oil tension is still there, small oil companies with high debt/ Equity are really high risk. Demand for oil was halved (also due to Cov-19). Oil war will make the oil price become really cheap. People will not see profit in this sector.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.