The Coronavirus Is A Black Swan Event That May Have Serious Repercussions For The U.S. Economy And Job Market

  • 📰 Forbes
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Corporate CEOs and top executives desire certainty and resent unpredictable events. In this instance, there is an extraordinary high level of uncertainty. The chances are likely that companies will temporarily pull back until there is clarity.

A black swan event is a term used on Wall Street that refers to a rare and unpredictable occurrence that is beyond what is expected and has severe consequences. It's derived from European explorers who had previously thought that all swans were white and only white, as that was all they knew. They were overcome with shock and confusion when Dutch explorer Willem de Vlamingh discovered the existence of black swans in Australia.

The United States economy has been strong with record-setting high levels of employment. The stock market has rebounded incredibly since the financial crisis, increasing the net worth of many Americans.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

wecruitr_io It's NOT a fu^&*g Black Swan. Why? Because the world has averaged a major out break approximately every two years. IT'S EASY TO ASSUME THAT IT WILL HAPPEN AGAIN.

I think it’s a bit early for talk about a Black Swan Event. Numbers (by Chinese’s Government) are too low.

You can stay in home and order a delivery.

That's why we should have a travel ban to china

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'A true black swan' — stocks and oil slump as Wuhan coronavirus hammers markets - Business InsiderThe deadly virus has infected more than 2,700 people, killed 80, and spread to at least a dozen countries.
Source: BusinessInsider - 🏆 729. / 51 Read more »