We discussed in this week's article the massive corporate losses of companies operating on the stock exchange, which total R$500 billion. But will things get worse?
The question is pertinent, especially for those who want to make financial investments and don't know whether or not this might actually be a good time for new financial projects.
Before we talk about the impact of the Coronavirus on the market, it's important to note that here at Digital Seguro, you'll be well-informed about everything happening in the financial market.
It's undeniable that the coronavirus has had a major impact on international markets, and this coincides with a dangerous financial landscape marked by sharp growth in global debt.
The following information is according to the Institute of International Finance. The institute says the global debt-to-GDP ratio reached a record 322% in the third quarter of 2019, and debt has only increased since the pandemic.
What do experts in Brazil say?
The forecasts are all uncertain for Brazil in the coming months, at least until the pandemic returns to calm and stability. These forecasts are not good.
But we know that won't happen anytime soon, because the World Health Organization's forecasts aren't encouraging. Furthermore, several universities, such as Trinity College in Ireland, are making efforts to contain the virus.
However, the Brazilian market is experiencing several instabilities, and the big question remains for those looking to invest. Many recommend waiting, just as many schools around the world have suspended their activities.
So, what do you think about this economic crisis we're going through? Leave your comments and, of course, don't forget to share this content.
Finally, if you want more information about what is happening or the situation on the Stock Exchange, click here and read more.