COVID-19 and Stock Market Stress April 3, 2020 IN11309 – “Induced by the Coronavirus Disease 2019 (COVID-19) pandemic, the longest U.S. stock market bull run of 11 years ended in mid-March, the quickest drawdown on record (Figure 1). The market subsequently rebounded, responding to the $2 trillion coronavirus relief package (P.L. 116-136). The swing of… Continue Reading
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Category Archives: Economy
Financial Sources on the Internet 2020
Via LLRX – Financial Sources on the Internet 2020 – This is Marcus Zillman’s selective and wide ranging guide to mostly free financial, market, benchmarking, data and knowledge discovery resources on the internet. The guide is especially useful during this time of financial tumult, and will be updated in future as we continue to experience… Continue Reading
COVID-19 Pushed Legal Toward Tech, Remote Work. There May Be No Going Back
Law.com – “Remote work and the move toward more workflow automation could be sticking around as firms continue to cut overhead and bolster efficiency in an increasingly competitive market. The end of the COVID-19 pandemic is nowhere in sight yet, but it’s already becoming evident that there could be some lasting repercussions for the legal… Continue Reading
CFOs looking to make remote work, telecommuting more permanent following COVID-19
ZDNet – Gartner Survey – The move to remote work may be a bit more permanent than many managers and employees realize. “The new normal telecommuting may be a bit more permanent than realized, as 74% of CFOs say they expect to move previously on-site employees remote post-COVID-19, according to a Gartner survey. The survey,… Continue Reading
Coronavirus: Four out of five people’s jobs hit by pandemic
BBC News: “A total of 81% of the global workforce of 3.3 billion people have had their workplace fully or partly closed. Restrictions on daily life have led to the closure of many companies and the laying off of staff – either permanently or temporarily. The International Labour Organization (ILO), an agency of the United… Continue Reading
Economic Resilience for Law Firms: How To Thrive During Challenging Times
mycase – Nicole Black – “Over the past two weeks, the world as we know it has been turned upside down. Schools across the country have closed, many businesses have been forced to shut their doors for the time being, and the vast majority of federal and state court proceedings have been canceled until further notice.… Continue Reading
Trade Adviser Warned White House in January of Risks of a Pandemic
The New York Times – “A top White House adviser starkly warned Trump administration officials in late January that the coronavirus crisis could cost the United States trillions of dollars and put millions of Americans at risk of illness or death. The warning, written in a memo by Peter Navarro, President Trump’s trade adviser, is… Continue Reading
COVID-19: China Medical Supply Chains and Broader Trade Issues
CRS Report – COVID-19: China Medical Supply Chains and Broader Trade Issues – R46304 April 6, 202o: “The outbreak of CoronavirusDisease2019 (COVID-19), first in China, and then globally, including in the United States, is drawing attention to the ways in which the U.S. economy depends on manufacturing and supply chains based in China.This report aims to… Continue Reading
HHS OIG Report – Hospital Experiences Responding to COVID-19
Hospital Experiences Responding to the COVID-19 Pandemic: Results of a National Pulse Survey March 23-27, 2020 04-03-2020 | OEI-06-20-00300 | Complete Report “…WHAT WE FOUND – Hospitals reported that their most significant challenges centered on testing and caring for patients with COVID-19 and keeping staff safe. Hospitals said that severe shortages of testing supplies and extended… Continue Reading
Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu
Correia, Sergio and Luck, Stephan and Verner, Emil, Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu (March 30, 2020). Available at SSRN: https://ssrn.com/abstract=3561560 or http://dx.doi.org/10.2139/ssrn.3561560 “What are the economic consequences of an influenza pandemic? And given the pandemic, what are the economic costs and benefits of non-pharmaceutical interventions (NPI)?… Continue Reading
Tracking spread of novel coronavirus, the Social Distancing of America, Toll on Traveling
Tracking the spread of the novel coronavirus – Sources: Local state agencies; Local media; World Health Organization; China National Health Commission; The Center for Systems Science and Engineering (CSSE) at John Hopkins University. By Gurman Bhatia. Research by Cate Cadell | REUTERS GRAPHICS See also via Reuters Graphics – The social distancing of America –… Continue Reading
UN Gender Social Norms Index
Folks – this is Not Progress! – The Gender Social Norms Index – Almost 90% of Men/Women Globally Are Biased Against Women – “How big and thick is the Glass Ceiling? New analysis suggests that it covers all aspects of women’s lives – including the household – and that it is constructed, not of glass,… Continue Reading
