New York Times (December 13)
With Zero-Covid restrictions lifted, Beijing again “looks like a city in the throes of a lockdown — this time, self-imposed by residents. Sidewalks and pedestrian shopping streets are barren, and once busy traffic thoroughfares are deserted. Residents are hunkering down indoors and hoarding medicine as a wave of Covid sweeps across the Chinese capital.”
Tags: Barren, Beijing, Deserted, Hoarding, Hunkering down, Lockdown, Medicine, Residents, Restrictions, Self-imposed, Shopping streets, Zero COVID
Bloomberg (April 12)
“The feel-good days for global markets at the end of March are firmly over.” Suddenly, everyone is afraid of economic slowing. “With monetary support rapidly receding and recession risks rising, investors are hunkering down. Companies resilient to an economic slowdown such as health care are back in favor. Ditto cash and dividend-paying stocks. Meanwhile, demand for hedging is creeping up in the options market.”
Tags: Afraid, Companies, Dividends, Feel good, Global markets, Health care, Hedging, Hunkering down, Investors, March, Monetary support, Recession, Risks, Slowdown
