Sallie Krawcheck on the 2008 crash vs. the coronavirus - Business Insider

"Every financial downturn is different, and every financial downturn is the same," Krawcheck, now the founder and CEO of investing company

The causes of the two market crashes are vastly different. The coronavirus crash's causes are straightforward: The economy is shuttered due to stay-at-home orders, and non-essential businesses have made massive layoffs due to closures.and uncertainty on top of health concerns are causing fallout throughout the economy and world.

This time around, an invisible, natural force is grinding markets to a halt. On top of the economic issues of the coronavirus, the health worries around the coronavirus add a layer of complexity, Krawcheck said.

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Coronavirus: UK live updates, 12,868 deaths and 98,476 coronavirus cases - Business InsiderBoris Johnson's government is set to extend lockdown measures until early-May. Here's the latest as the COVID-19 pandemic spreads across Britain. Is that graphic supposed to have some meaning? Well good luck with that!
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »