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Why are Stock Markets rallying even as the virus situation persists?

Why are Stock Markets rallying even as the virus situation persists?

Have you been wondering why are Stock Markets rallying even as the virus situation persists?

What’s going to happen to the Markets, based on the current numbers & economic data?

This report will break down and help you:
✔ Why markets are rallying
✔ Business and stock market cycles, and the stage we’re currently at
✔ Which sectors will continue to outperform
✔ The investment roadmap backed by economic data and trading experience of more than 30 years
✔ and more!

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Get more information on the report here:

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What You Should Do if You Lost Your Job Or Lost Your Income Temporarily (Guest Post)

What You Should Do if You Lost Your Job Or Lost Your Income Temporarily (Guest Post)

Which direction should you take, the urgency of how you should perform things, will depend on how great or how dire is your current situation. Here are some things that you need to evaluate…

This post was originally posted here. The writer, Kyith Ng is a veteran community member and blogger on InvestingNote, with username known as Kyith and has 967  followers.

How prepared is Washington for a recession? - Lens

I started work after we came out from SARS in 2004. So I have been through the mental aspect of not knowing if you have a job when you graduated from university.

2008 was different in that I was already working but in my old company, the email will announced new hires every week.

This COVID-19 thing is a bit different. Not sure if it is because as an almost 40 year old, there are more people being furlough or retrenched.

I have not been retrenched before. Friends have shared with me that my old place is an iron rice bowl.

In the current workplace, we are doing OK, at least for now.

I am not going to be that guy to tell you what you should do.

I have read a few stuff out there and while they point you to resources such as the Ministry of Manpower, what are your rights, where to get support aid, they do not show you money-wise how you should pivot.

I came across some of these stuff in podcasts in the past. I think they might prove useful for you at this time.

  1. A part of the content explores what you should do if you are laid off.
  2. There is also the part of the content where you are not laid off but you need to fortify your work position.
  3. Lastly, there is a little bit exploring about coming up with backup plans

Let’s minimize on flowery words and get straight to the content.

Take Stock of Your Current Situation

Which direction you should take, the urgency of how you should perform things, will depend on how great or how dire is your current situation.

Here are some things that you need to evaluate:

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PM Lee Hsien Loong’s Second Public Address on COVID-19 Situation

PM Lee Hsien Loong’s Second Public Address on COVID-19 Situation

As Singapore’s COVID-19 cases surpassed 1,000 cases this week, Prime Minister Lee Hsien Loong gave a speech on 3 Apr, Friday 4pm.

Key Summary

  • Most workplaces to close except for essential services and key economic sectors from April 7. 
  • Essential services like, food establishments, markets and supermarkets, clinics, hospitals, utilities, transport and key banking services will remain open. 
  • Full home-based learning in schools and IHLs starting April 8. All pre-school and student care centres will also be closed, but will provide limited services for children of parents who have to continue working and are unable to make alternative care arrangements.
  • From this Sunday, the Government will distribute reusable masks to all households.
  • Singapore will tighten restrictions on movements and gatherings of people. Gatherings should be confined to households, and avoid visiting even your extended families who are not staying with you, especially if they are elderly or vulnerable.
  • Go out only for essential things, for example to work if you are in essential services or key economic sectors, or to buy food or to exercise in the neighbourhood park.
  • Singapore will apply these “circuit breakers”, lasting for one month.

Source: https://www.channelnewsasia.com/news/singapore/coronavirus-covid-19-lee-hsien-loong-address-nation-friday-apr-3-12605748 

For more information & latest updates, please visit: https://www.gov.sg/

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How COVID-19 Had Impacted SMEs, Startups And Our Daily Lifestyle (Guest Posts)

How COVID-19 Had Impacted SMEs, Startups And Our Daily Lifestyle (Guest Posts)

The unique thing about this problem,the COVID-19 is that commerce came to a screeching halt. In other crises, the problem was a lack of liquidity. Banks could not lend and small and large firms have to tighten their belt. Those who cannot will default and this ends up as non-performing loans on the balance sheet of banks. Increasing unemployment rates.

This post was originally posted here. The writer, Kyith Ng is a veteran community member and blogger on InvestingNote, with username known as Kyith and has 953  followers.

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What we are going to talk about today is on SMEs, Lack of Financial Slack, Re-calibration of Risk, Priority in Life and Impact to Blogging

The Little Shops Are Going to Suffer

The unique thing about this problem is that commerce came to a screeching halt.

In other crises, the problem was a lack of liquidity. Banks could not lend and small and large firms have to tighten their belt. Those who cannot will default and this ends up as non-performing loans on the balance sheet of banks. There are more unemployed. Providing liquidity to the banks lubricates commerce.

The shit thing about what we are facing now is that you can provide all the liquidity to you to facilitate spending, but if you cannot go out and carry out some services, it is very tough to lubricate.

The world comes to a standstill for a while because the manufacturing base of the world, China, couldn’t function. Your company does not have spare parts, and therefore cannot ship.

Now that they can ship, the demand drops off because other countries are on locked down. Commerce comes to a halt.

What kind of crisis does this other than the great depression?

The toughest folks are the small and medium-sized companies. They usually depend on their peers or the big companies to give them business. A hit in demand on a wide scale hurts them the most.

My friend Caveman said the working capital for these firms is usually very challenging. The government’s main support package’s job is to ensure that these companies do not fire their workers but sometimes you wonder whether they have operated a small business before.

JD Roth over at Get Rich Slowly has a good piece asking how Coronavirus has affected your life. I like that he explores a lot of the impact on his recreational and financial life.

But what captures my attention was his description of his friend’s experience:

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