Wednesday, August 19, 2020

Stocks Dilema


     picture: Daniel Haller

I've been trying to imagine why stock markets everywhere have risen, while people struggle to keep it together in the middle of the pandemic. Lately I've been listening that US have poured money on big companies, and this made an effect of keeping the value of US financial markets at a high note. Also, that it's not, at first place, an economic downturn. Part of society still have money, and they are saving, however, slowly they are spending again, and buying stock.

Apparently, that last statement makes sense, I reckon. I used to live in Australia during the last world economic recession, and we saw a abrupt stall of things there. The large amount of the population had their jobs, their savings, and only the most vulnerable would feel the shock. The thing is, nobody wanted to spend anything. Australia wasn't impacted by the recession much. If you had saved then, you could have moved on with your life.

I don't remember how the stock markets reacted over there, back in time. Nevertheless, at this time around, stocks all over are thriving, bit by bit, at least. In Brazil, the stock place has gained momentum and it is on the way up again. Experts believe that prices are being rearranged, and finding their best stock price. That it is the reason the Brazilian financial market, which is on 102.000 points, is not yet at their last level, at 130.000 points.

Some part of the media dedicated some time to try to explain this low level dilema. It sure did call my attention, I am no newbie to economic crisis, but I didn't make use of this moment to profit, unfortunately. If you are new to economic crisis, our time has passed away. The lowest the stock markets have got was the best chance to be successful on the stock exchange. When you are at it, however, you feel you could get stuck there indefinitely, but I was wrong, maybe lots of people too. The stocks rebounded and they are almost at their best again. Ok, see you at the next global crisis, see ya!

No comments:

Post a Comment