The online news Reacting with fear and senseless behavior is strongly link to our human nature. We react to the continuous mild adrenaline rush that we get when they tell us the number of infect people and deaths not the percentages mind you. We react by increasing our heart rates. Our concentration tends to focus and not have a more systemic and objective vision. This is where our herd mentality comes in and we tend to think what others think. We await confirmation before acting. At that point its too late. The selloff has begun stocks have plummet. in financial markets because it changes economic behavior.
This is what behavioral economics teaches us
Markets are driven by flows of information opinions speculation. Thats what were getting this time with a virus. Uncertainty and future forecasts India Telegram Number Data have a greater psychological impact than a tangible and objective press release such as a current slowdown in the Chinese economy or a bad winter in the USA which are news that tend to be spoil by political parties and lobbies. In finance diseases tend to form a longer tail and are very speculative this is what Atlanticist sources report from the South China Morning Post . Communication campaigns by the establishment are already promoting a further rupture that will be creat between.
West and East due to the movement
Of multinationals from the area. The big threat to the economy is not just because of a rapidly spreading disease but because any economic shock Vietnam Whatsapp Number from global industrial and consumer drivers such as China quickly spreads mistrust over the various trade and financial linkages associat with the globalisation. Since Sars we have forgotten that China has transform into a global powerhouse deeply root within supply chains around the world. And it is precisely the Chinese energy market that is collapsing in this period in the face of all the.