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Recent Market Clash Is a Rare Reminder of the 2008 Crisis
Abstract：The world's largest asset management company BlackRock noted that although the extraordinary market crash this year may remind people of the 2008 global financial crisis, the global economic and financial system is now much stronger than in 2008.
The world's largest asset management company BlackRock noted that although the extraordinary market crash this year may remind people of the 2008 global financial crisis, the global economic and financial system is now much stronger than in 2008.
The company believes that the impacts of public health risks are acceptable as long as pre-emptive and coordinated policies and countermeasures are in place
BlackRock currently manages a total of US$7.4 trillion of assets, and the company believes that the current global pandemic will not end economic expansion. Central banks around the world are taking actions to stabilize the market, while policy responses are forming. The shock is expected to be temporary and economic activities will gradually return to normal.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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