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Corona’s financial impact on the world – Good time to buy shares?

Posted : March 12, 2020 at 11:13 am IST by ManaTeluguMovies


Covid-19 has been showing significant impact on the top economies of the world. As most of the industries in China were temporarily closed, the economy of the nation turned brittle. Meanwhile, most of the European countries and the USA depends on Chinese manufactured products. Hence, the industries in these regions too were impacted.
Adding to this, the lock downs in various countries is making money stagnant and the local businesses were seeing losses due to lack of customers. This is being seen clearly on the stock market trends all over the world. UK admitted that Corona Virus triggered an inflation kind of a situation in the entire world. They started the process of rejuvenating their economy.
Top financial experts believes that this downfall in the stocks is temporary and the situation will be positive by the second half of this year. In this scenario, it might be a good choice to buy stocks at present and sell once the market raises. Soon after Covid-19 crisis, the entire world will be running back at high pace and the stocks may touch the peaks.


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