A poised and capable Fitch Co. Research Reporter's versatile column: Mashibi's Eye | Episode 4 The United States confronts COVID-19 in a "wartime" stance! [Mariko Mabuchi]

Mariko Mabuchi Profile

Mariko Mabuchi. 7 years of investment experience. Assigned to asset management at a company during the early days of Abenomics, spent three years as a full-time trader, then became a corporate research reporter at Fisco. Currently also handles marketing at Japan Cloud Capital. Graduated from Doshisha University Faculty of Law, completed Kyoto University Graduate School of Public Policy, Master of Public Policy. Won Miss Doshisha during university days.

Official Blog:https://ameblo.jp/mabuchi-mariko/
Twitter:https://twitter.com/marikomabuchi

*This article is a reprint/edit of FX攻略.com July 2020 issue. The market information written in the article may differ from current market conditions, so please note.

◆ Lessons from the "Spanish Flu" and Preparing for the Second Wave

The explosive spread of the novel coronavirus is continuing. An economic example of the impact of this pandemic is the "Spanish flu." The Spanish flu, which spread worldwide from 1918 to 1920, was a "novel influenza" of that era, with a second and third wave. While the world population was about 2 billion at the time, it is said to have resulted in over 50 million deaths.

On April 8, the Chinese government lifted the Wuhan lockdown after two and a half months, though some voices say the lifting was too early. Experts also believe a second wave of infections could occur. In Japan, it may settle temporarily during the rainy season, but global outbreaks may not subside. Prepare for a recurrence in autumn and beyond.