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    Recent Market Clash Is a Rare Reminder of the 2008 Crisis

    Abstract:The world's largest asset management company BlackRock noted that although the extraordinary market crash this year may remind people of the 2008 global financial crisis, the global economic and financial system is now much stronger than in 2008.

      The world's largest asset management company BlackRock noted that although the extraordinary market crash this year may remind people of the 2008 global financial crisis, the global economic and financial system is now much stronger than in 2008.

      The company believes that the impacts of public health risks are acceptable as long as pre-emptive and coordinated policies and countermeasures are in place

      BlackRock currently manages a total of US$7.4 trillion of assets, and the company believes that the current global pandemic will not end economic expansion. Central banks around the world are taking actions to stabilize the market, while policy responses are forming. The shock is expected to be temporary and economic activities will gradually return to normal.

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    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
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