POLICY UPDATE ON RAADAA.COM Read More

0

BOOKMARKS

5

READ

2

DOWNLOADS

16

VIEWS

0

REVIEWS

ENGLISH

ENGLISH

Coronavirus (Covid-19) Economic Impacts, Stimuli and Investment Tips

By Idika Agwu Aja

Summary

As an investor, how and where do I put money or invest during this pandemic? In crisis like this, in the stock market, some stocks do perform well. Looking back at last recession, in U.S. for example, 34 stocks out of S&P 500 had positive returns. These stocks did better despite the recession because of one reason or the other. Therefore, x-raying the reasons and patterns as to what led to these stocks doing well can be a good guide. Healthcare service sector stocks are likely to post good return. You need health care to live and as much less likely to avoid expense on them when income declines. Technically, there is price inelasticity. That is consumers’ buying habit stay about the same even when prices go up; meaning that 1% change in the price of a good or service has less than 1% change in quantity demanded or supplied. So look for these sectors and invest in them.
Coronavirus (Covid-19) Economic Impacts, Stimuli and Investment Tips
 
0.0 (0 reviews)

Uploaded by: Idika Agwu Aja

₦500.00
PRICE

Your download will begin automatically, if it's taking too long click here

Share this entry

Abstract

Giving loans to MSMEs and households, with collateral requirements of the RSSF-DCRR, to cushion the adverse effects of Covid-19 on households and MSMEs whose economic activities have been hampered due to the lockdown may not give the desired impact.  BVNs and TIN can be used to inject money directly to these households and MSMEs. Good enough, our interest rate is still manageable, that is not at zero level, to warrant the use of unconventional means such as Quantitative Easing to raise fund.  CBN can float emergency bonds at a higher yield to raise money for this, assuming there are no other means. Most Nigerians are daily earners and locking them down may work for a while but extended may result to a revolt and unrest.

About the Author

Idika Agwu Aja

Idika Agwu Aja

Reviews

No reviews yet.

Add Review