Online Class Notes (Tibo)[S]

I think nearly all the investors in the market have been damaged their portfolio. A lot of portfolios have been destroyed.
The market still go a lot of uncertainty because the virus spreading very rapidly among the world. Maybe more countries will take measures to control the virus which means it hurts the economy so the world economy will slow down very rapidly this year.
The market can’t recover very soon.
First I think it is East Asian country. There is a second and a third countries who got most patients / cases.
And the two countries are smaller than China, they rely more on export.
I think the Europe is getting more dangerous as well, the cases in Italy. as far as I know the European countries haven’t take measures restrictively to control the virus so maybe the virus will spread to every European countries.I think maybe those countries don’t have prepared enough like the medical resources. like treatment equipment.

In China people are forbidden to travel in or out of Hubei province and the transportations are also reduced across the country. Less people are allowed to go abroad because other countries think Chinese is dangerous and it’s harder for people who want to travel abroad but as the cases increase maybe more countries will forbid people go abroad.
We also have business we have to travel and we use online chatting apps instead and the stock price of zoom also goes up very highly these day.

I think China is taking the most restricted measures among the world because the Chinese government is powerful and the most cases in the word so people are afraid of the virus. Chinese people rely on the government to solve the big problems so it has take restrictive measures to control the measure even the economic will slow down. That is sacrifice.
Maybe the measures are a little bit too tough but I think sometimes you cant control everything very exactly. Other countries lets take America as an example. I read a lot of newspapers I want to know what America thinks about the virus and as far as I know the gvt just thinks the corona virus is just a little more serious than the flu but the flu is not deadly , they are used to live with the flu. Majority of people in America, even the gvt think the virus is not so deadly so the gvt also is not prepared very well to confront the virus.

I think nearly all the investors have seen their their portfolio damaged. most investors have been hit by the virus.
A lot of portfolios have been hit / damaged. 
The market still got a lot of uncertainty because the virus is spreading very rapidly among the world. Maybe more countries will take measures to control the virus which means it hurts the economy so the world economy will slow down very rapidly this year.
The market can’t recover very soon.
First I think it is East Asian country. There is a second and a third countries who got most patients / cases.
And the two countries are smaller than China, they rely more on export.
I think Europe is getting more dangerous as well, the cases in Italy are rising. As far as I know the European countries haven’t taken restrictive measures to control the virus so maybe the virus and it will spread to every European countries.I think maybe those countries haven’t  prepared enough.
medical resources are lacking. like treatment equipment.

In China people are forbidden to travel in or out of Hubei province and the transportations are also reduced across the country. Less people are allowed to go abroad because other countries think Chinese people are dangerous  / could be infected / other countries don’t want to run the risk of being infected and it’s harder for people who want to travel abroad but as the cases increase maybe more countries will forbid people from going abroad.
instead of going on business trips  we use online chatting apps and the stock price of zoom also increased rapidly these day.

I think China is taking the most restrictive measures among the world because the Chinese government is powerful and we have the majority of the cases / we are at the center of the outbreak  so people are afraid of the virus. Chinese people rely on the government to solve the big problems so it has taken restrictive measures to control the spread even if the economy will slow down.  / It has taken strong measures despite the negative impact on the economy.

That is a sacrifice. / trade off.
Maybe the measures are a little bit too tough but I think sometimes you can’t control everything very exactly. Other countries let’s take America as an example. I read a lot of newspapers I want to know what America thinks about the virus and as far as I know the gvt just thinks the corona virus is just a little more serious than the flu but the flu is not (as)deadly, they are used to live with the flu. Majority of people in America, even the gvt think the virus is not so deadly so the gvt also is not prepared very well to confront the virus.

Vocabulary

death rate : amount of people who die as a result
The death rate is about 2%.

to contain : keep within a certain area
They tried to contain the virus by quarantining the city.
They cut down trees to contain the fire.

restricted (adj) : limited
Access to this room is restricted to the CEO

restrictive (adj)  : imposing restriction / limiting freedom
We have taken restrictive measures.

trade off (n) : balance between 2 things that are not compatible
Investment with higher yields have a higher risk level that is the trade off.

Grammar

despite + n :
We went out despite the outbreak.