This sharemarket bubble will burst, but probably not for a while
While the economy has floundered, the US stock market has continued moving upwards so that it is now far higher than it was before the pandemic hit.
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While the economy has floundered, the US stock market has continued moving upwards so that it is now far higher than it was before the pandemic hit.
Business review of 2020: Covid-19 and Trump By Martin Webber Published image copyrightGetty Images image captionFor those still travelling to work, 2020 was the year wearing face masks became compulsory for many The Covid-19 pandemic has not only generated a year of economic dislocation but it is also set to prompt radical long-term changes to how we live and work. In addition, the pandemic once again highlighted the risks humans take by permitting small parts of the food supply industry to keep live animals in appalling conditions in tiny cages. Nobody knows for sure, but the top theory i...
South Africa is in the vice grip of a second wave of the Covid-19 virus. After a year of social isolation, financial pressure, emotional turmoil and fear Covid-19 is delivering an even more devastating blow. A new strain of Sars CoV-2 has been identified. It spreads more easily and younger, healthy people are succumbing to the disease in hospitals, Discovery Health’s Covid-19 expert Dr Ronald Whelan recently told BizNews.com. This second wave is being driven by the new variant and healthcare experts are expressing concern that the latest wave has a much steeper curve with more deaths and in...
$8 trillion and counting: the costs of the fiscal war against COVID Opinion By Roger Bootle Save Normal text size Advertisement We all know that the economic consequences of the pandemic have been enormous. On a comparatively optimistic view of the effectiveness of the rollout of vaccines, the OECD puts the total global cost over two years at $US6 trillion ($8 trillion) - amounting to about 7 per cent of global GDP. If policy had been better, could this loss have been reduced? Naturally, there is a lively debate about the polices employed to counter the virus via lockdowns and other restricti...
Harmful effects of failure to share NHS records SIR – For some years I have attended the Royal Eye Infirmary at Dorset County Hospital to undertake regular monitoring tests for my glaucoma. In March this year, the NHS very sensibly opened a standalone eye clinic in the town, in order to relieve some of the pressures on the eye infirmary at Dorset County Hospital. On completion of my examination, eye scans and visual fields test, the results were immediately and carefully reviewed by the optometrist, who told me that, as this was my first appointment with the clinic, I should return in four ...