Talk:Financial market impact of the COVID-19 pandemic

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Wiki Education Foundation-supported course assignment

This article was the subject of a Wiki Education Foundation-supported course assignment, between 26 May 2020 and 3 July 2020. Further details are available on the course page. Student editor(s): Yuxin L-.

Above undated message substituted from Template:Dashboard.wikiedu.org assignment by PrimeBOT (talk) 21:16, 17 January 2022 (UTC)[reply]

WikiProject COVID-19

I've created WikiProject COVID-19 as a temporary or permanent WikiProject and invite editors to use this space for discussing ways to improve coverage of the ongoing 2019–20 coronavirus pandemic. Please bring your ideas to the project/talk page. Stay safe, --Another Believer _(Talk) 18:03, 15 March 2020 (UTC)[reply]

Scope

Hi, is this article only about securities and commodities, or is this just what people are interested to write about? Probably a larger financial impact here, affecting more peoples' day-to-day lives, is that innumerous businesses closed/were ordered closed, events cancelled, and yet payments like rent are generally still expected. We should report on people's financial impacts and the soaring unemployment even more than oil companies and stockholders. $ɱ$ (talk) 00:33, 23 March 2020 (UTC)[reply]

There's an article on Socio-economic impact of the 2019-20 coronavirus pandemic. This is the subarticle that refers specifically to the financial market. Juxlos (talk) 01:37, 23 March 2020 (UTC)[reply]

Okay, but it still really lacks personal aspects of unemployment and bankruptcy.

ɱ

(talk) 02:24, 23 March 2020 (UTC)[reply]

Because there is no data yet? Financial markets update every day, bankruptcies and layoffs are delayed. And you can always add them yourself, you know. Juxlos (talk) 02:29, 23 March 2020 (UTC)[reply]

Coronavirus recession might be the right article for you to add that info Chidgk1 (talk) 07:14, 31 March 2020 (UTC)[reply]

Percent change in Real GDP Growth (OECD Forecast)

This congress.gov report provides the Outlook Forecast of the OECD about the percent change in world real GDP growth splitted for single countries (pages 2 and 3). The copy, archived coon Marchh, 25, is available 25 here and its OCLC code is 1145027398.

The related pdf is freely available and its data are updated to March 2020. It isn't yet mentioned nor in the current article nor in the main Socio-economic impact of the 2019–20 coronavirus pandemic. I think the report may be hofefully cited by one of them.Micheledisaveriosp (talk) 17:54, 25 March 2020 (UTC)[reply]

Metals

There should be a section about metal prices. The price of copper fell greatly & the price of gold increased to its highest level since 2012. Jim Michael (talk) 19:31, 15 April 2020 (UTC)[reply]

Off-topic sections removed

I removed the following sections for being off topic for an article on financial markets. I briefly looked over some other articles but nothing seemed like a natural fit. If anyone can cut and paste these into a relevant article, it would be very helpful. Thanks! - Featous (talk) 00:26, 15 May 2020 (UTC)[reply]

Shopping and spread of the coronavirus

Individuals who have continued to shop during the COVID-19 pandemic are at an increased risk of contracting COVID-19.^[1] Amidst the pandemic, grocery stores and pharmacies continue to remain open and attract crowds of shoppers, thus creating the potential to further spread contagion.^[1]

Shoppers using paper money to make purchases may further be disseminating the coronavirus, according to the World Health Organisation.^[2] Bank branches that continue to remain open amidst the COVID-19 pandemic pose a health risk as the gathering of people allows for the spread of contagion.^[3]

Corporations' response to the health risk

As required by regulation, large American banks are reviewing emergency plans to ensure that they can continue to operate if conditions worsen; contingency plans include having employees work from their homes, transferring staff to backup offices and even sending staff to offices in other cities.^[4] Goldman Sachs cancelled all "non-essential" travel and put in place specific restrictions on travel to China, South Korea, Italy, and Iran. Amazon, who confirmed an employee in the Seattle area tested positive for COVID-19,^[5] banned nonessential employee travel.

Large technology companies have also made changes. Twitter "suspend[ed] all non-critical business travel and events". Facebook cancelled its F8 developer conference. Some companies, including Microsoft, GitHub, and Square, Inc., have also encouraged employees to work from home.^[6]

Other major corporations have reduced their business activity or otherwise modified their business practices. Nike closed its Oregon headquarters and its European headquarters in Amsterdam "out of an abundance of caution".^[7]

^ ^a ^b Schrotenboer, Brent (27 March 2020). "Are grocery stores and pharmacies vectors for the coronavirus?". USA TODAY. Retrieved 20 April 2020.
^ Sangster, Kalila (3 March 2020). "Banknotes may be spreading coronavirus, World Health Organisation warns". Yahoo!. Retrieved 20 April 2020.
^ McCaffrey, Orla (19 March 2020). "As Coronavirus Spreads, Banks Face a Tough Call on Branch Closures". Wall Street Journal. Retrieved 20 April 2020.
^ "Twitter, Amazon.com, Nike and more take emergency coronavirus precautions". Yahoo! Finance. Retrieved 3 March 2020.
^ Ramano, Benjamin (3 March 2020). "Amazon employee in Seattle has tested positive for illness caused by coronavirus". The Seattle Times. Retrieved 4 March 2020.{{cite web}}: CS1 maint: url-status (link)
^ "Coronavirus: Microsoft, Square, Twitter encourage employees to work from home". San Francisco Chronicle. 5 March 2020. Retrieved 5 March 2020.
^ Deutsch, Anthony (2020-03-02). "UPDATE 2-Nike temporarily closes European HQ in the Netherlands due to coronavirus case". CNBC. Retrieved 2020-04-09.

Related move discussion

Hi. Please see this. Thanks. Lugnuts ^{Fire Walk with Me} 19:08, 14 May 2021 (UTC)[reply]

[Schrotenboer2020-1] Schrotenboer, Brent (27 March 2020). "Are grocery stores and pharmacies vectors for the coronavirus?". USA TODAY. Retrieved 20 April 2020.

[Sangster2020-2] Sangster, Kalila (3 March 2020). "Banknotes may be spreading coronavirus, World Health Organisation warns". Yahoo!. Retrieved 20 April 2020.

[McCaffrey2020-3] McCaffrey, Orla (19 March 2020). "As Coronavirus Spreads, Banks Face a Tough Call on Branch Closures". Wall Street Journal. Retrieved 20 April 2020.

[4] "Twitter, Amazon.com, Nike and more take emergency coronavirus precautions". Yahoo! Finance. Retrieved 3 March 2020.

[5] Ramano, Benjamin (3 March 2020). "Amazon employee in Seattle has tested positive for illness caused by coronavirus". The Seattle Times. Retrieved 4 March 2020.{{cite web}}: CS1 maint: url-status (link)

[6] "Coronavirus: Microsoft, Square, Twitter encourage employees to work from home". San Francisco Chronicle. 5 March 2020. Retrieved 5 March 2020.

[7] Deutsch, Anthony (2020-03-02). "UPDATE 2-Nike temporarily closes European HQ in the Netherlands due to coronavirus case". CNBC. Retrieved 2020-04-09.

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