Almost anyone can invest into a bull market and come off looking like a genius. But when shit hits the fan, and the economy goes belly up (as seen from the covid-19 fall out that is still evolving by the way), and businesses scramble to survive, cash is still king.
As we take in the news of how governments around the world are taking action to halt or slow the spread of the covid-19 virus, we’re also anticipating the impact of those actions on the economy at large.
Travel and HospitalityThe travel and hotel industries have been hit especially hard. From all-out bans of travel in and out of the country (Italy, Malaysia), or partial travel bans and advisories to multiple cities, airlines, hotels and tourism related businesses are all badly impacted.
Expedia, still reeling from the sudden departures of CEO and CFO in December, announced
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