- Published on March 23, 2020
- In AI Features
Venture Capitalist Mark Suster Calls Coronavirus “A Black Swan”
- By Ambika Choudhury
With the impact of COVID-19, the economy has been witnessing a drastic fall. The stock market around the globe has been facing a rigid fall since February 2020. According to sources, there has been a serious drop in the stock market in the US — the Dow Jones US Total Stock Market Index fell more than 1,000 points, it is the largest slide in two years.
Stephen Moore, an informal economic adviser to the Trump team said, “The view in the White House is that this is one of those classic black swan events, and all we can do is control the health issues in the U.S.” US President Donald Trump said in one of his tweets, “We cannot let the cure be worse than the problem itself. At the end of the 15-day period, we will make a decision as to which way we want to go.”
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Ambika Choudhury
A Technical Journalist who loves writing about Machine Learning and Artificial Intelligence. A lover of music, writing and learning something out of the box.
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