Weekly Digest 4/24/20
Happy Friday, April 24!
Hope you all had a great Week 3. Please find below our SWS-curated round-up of interesting articles, resources, information, and opportunities related to global finance in COVID-19 that may be useful to you!
To learn more about how the 350 million dollars from the government’s Paycheck Protection Program is not as much as it initially appears, check out this podcast which walks through how small businesses, lobbyists, and even bigger businesses are all trying to access government money set aside for small businesses. You can also read a bank’s perspective from this JP Morgan article and online lenders’ stance from this New York Times article.
To read about how the pandemic could hurt the US dollar and boost China’s financial dominance, check out this article.
Check out this report from BOND Capital, a leading investment firm, detailing economic shocks from past pandemics and the implications of rapidly improving technology on small businesses, healthcare, sports, and overall business efficiency. Long, but contains a lot of interesting information and lots of charts!
Still having trouble understanding the implications for the government shutdown on the economy? Check out this very clear and digestible Q&A with Invesco investment strategists. They also include a video concerning why the market is so volatile.
If you are looking for current job opportunities, here is a spreadsheet (updated every week by Stanford students) with current remote jobs opportunities and here is an article to make you feel less alone!
Enjoy the weekend!
Cheers,
The SWS Exec Team