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FX.co ★ Wall Street prepares plan for 'safe' return to work

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Forex Humor:::2020-05-08T11:57:45

Wall Street prepares plan for 'safe' return to work

In times of change, the phrase "the world will never be the same" could be used several times a day. Nowadays, the top news headlines contain these words again. The coronavirus outbreak has turned the world upside down. Particularly, it has hit the financial world, which, in turn, will never be the same. The pandemic has changed things on Wall Street. However, trading floors cannot be kept in lockdown indefinitely as investors have already incurred heavy losses. Local bankers are trying to decide how to lift the quarantine restrictions and reopen financial institutions, complying with all the necessary sanitary requirements. Despite the harsh market rules, these sharks of capitalism are primarily concerned about the health of their employees, trying to minimize contact as much as possible. For example, JPMorgan even plans to hire attendants who will push the elevator buttons. This will significantly reduce the risk of contracting the infection. Another financial giant, Goldman Sachs, is building contactless door opening systems throughout its offices. Besides, when the coronavirus disease just started to spread, the company introduced a mandatory procedure for measuring employees' body temperatures and provided everyone with personal protective equipment, including masks and antiseptics. So, stock market participants are looking forward to resuming their speculations. Recent data shows that the epidemic is waning, and pretty soon, more and more sectors of the economy will begin to go back to normal.


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