I'm not a negative thinker, but this pandemic really affect a lot of factors in the market. As we are experiencing lows right now, all of are suffering and most of the governments are really having a hard time to recover from this downfall. We are not still in a process of recovery but the next wave of Covid-19 is approaching, probably that cause a new panic in most of the investors.

Recession is what other countries are experiencing because of the lockdown. Market transactions can't be processed and businesses are still not allowed to operate because of the risk of getting the virus from its customers. Economic activities will surely be still postponed and the economic recovery will probably slowed due to closed businesses.