Short Stops - S2E04: The Global Impact of COVID-19

Published: June 19, 2020, 2:07 a.m.

b'DISCLAIMER: This podcast recording was initially intended as a full video uploaded on our official YouTube channel. You may hear the speakers refer to slides or images during the stream. If you would like to view the original video, please click here to be redirected: https://www.youtube.com/watch?v=4KsiEjCPquQ\\n\\nHosted by Edmund Lee, President & CEO of the Caylum Trading Institute, Short Stops is your weekly stock market update featuring the top trading news, tips and stock picks in Metro Manila and around the world.\\n\\n--\\n\\u201cYou don\\u2019t want to be short-term trading based on valuations at these times.\\u201d\\n--\\nThis has been historical for everyone. New developments, new experiences, and extraordinary measures are being taken by countries every moment. COVID-19 is very real and this is not something can be ignored so Edmund will be joined by Jason and Zarr for a special podcast / video chat to emphasize how we must all adapt to the current situation. This is our take on what is happening today.\\n\\n- We know that there\\u2019s been a multitude of information regarding COVID-19 and its global impact as well as its effects on financial markets. We\\u2019ve spent the past few weeks combing through as much reliable data as possible, so here are the summary points that we feel are worth highlighting from the Caylum analysts.\\n\\n- What is the difference between a recession and a depression and why we fear the latter. The real question we need to focus on is, realistically, how long will this have an impact on the economy?\\n\\n- The ongoing credit crisis and why this is important for you to understand. Listen to the discussion on forced liquidation and margin calls.\\n\\n- There is always going to be an opportunity. These are times to be cautious, not overly optimistic. \\u201cIt is better to be late than early at this point.\\u201d\\n\\n- An overview of our thoughts on the Philippine market.\\n\\n--\\n\\u201cIn Apollo 13, the mission falls apart. The control room is chaos. The Head of NASA approaches the Director and says, "This could be the worst disaster NASA has ever experienced."\\n\\nThe Director answers: "With all due respect, Sir, I believe this is going to be our finest hour."\\n--\\n\\nGet your next trading insight and find your baggers right here on Short Stops. Powered by the Caylum Trading Institute.\\nwww.cayluminstitute.com\\n--\\nRecord Date: MARCH 20, 2020\\nIntroduction Clip: Interstellar (2014)'