News Flashcards
1
Q
Talk about trade tensions between US and china
A
- increased cost of goods
- less goods and services exchanged between countries
- Uncertainty in financial markets - investors concerned about effect on global economic growth
- ## more volatility
2
Q
How has covid affected the global economy
A
- decrease in economic actvity due to restrictions
- more unemployment
- supply chain disruptions
- reduced spending
- strain on healthcare systems
- increased government debt
- greater wealth inequality
3
Q
how has covid affected the stock market
A
- initial sharp decline as investors concerned aboout economic fallout
- period of volaility as investors struggled to assess impact of pandemic
- central banks and governments helped support economy and stock markets recovered
- vaccine developed - further recovering
- some industries affected differently to others
- tech and e-commerce - growth
- travel and hospitality struggled
4
Q
Tell me about the rise of SPACs
A
- special purpose acquisition companies
- shell companies created with purpose of merging with private company
- aim to take private company public
- increased popularity - low interest rates, quicker and less omplicated route to IPO
5
Q
technologies in ESG investing
A
- use of AI to analyze and score companies
- use vast amounts of data such as news and financial statemens
- will get better as they learn
- score companies
- better informed investment decisions