Coronavirus And The Coming Financial Revolution
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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US:NASDAQ Investor Relations:
investor.fb.com/home/default.aspx
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Source: PR Newswire
LONDON, April 15, 2020 /PRNewswire/ -- The coronavirus pandemic is one of the biggest and unprecedented seismic shifts in the global economy that we've ever seen in modern history, and it's just getting started. Mentioned in today's commentary includes: Facebook, Inc. (NASDAQ: FB), TOTAL S.A. (NYSE: TOT), Royal Dutch Shell plc (NYSE: RDS-A), Equinor ASA (NYSE: EQNR), BP p.l.c. (NYSE: BP). Already, economies around the world are shutting down. The federal reserve has pumped trillions into the United States economy in just a matter of days. Global supply chains have collapsed as entire Chinese industries went dark. And this is just the first stage. We're heading into a year's long recession that will have far-reaching consequences, some of which we can predict with near certainty, and some of which will be entirely unpredictable. Of course, the global economic system has seen major shakeups before. The timespan known as modern history, in official terms, begins with the
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