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Stock impact report

Perspectives on post-crisis life, fears grow of another selloff, and the argument for preferred shares [Toronto Globe and Mail (Ontario, Canada)]

Brookfield Infrastructure Corporation (BIPC) 
Perspectives on post-crisis life, fears grow of another selloff, and the argument for preferred shares Marc Andreessen is the billionaire co-founder of venture capital giant Andreessen Horowitz. His essay, “IT’S TIME TO BUILD” , was likely the most widely circulated and read essay in North American finance circles over the weekend. It’s basically a call to action. Mr. Andreessen’s sees the lack of preparation for the COVID-19 pandemic as symptomatic of a broader culture of low inertia and destructively powerful status quo. “The things we build in huge quantities, like computers and TVs, drop rapidly in price. The things we don’t, like housing, schools, and hospitals, skyrocket in price”, he writes, “We need to break the rapidly escalating price curves for housing, education, and healthcare, to make sure that every American can realize the dream, and the only way to do that is to build.” Mr. Andreessen also sees the offshoring of labour as a failure. He notes that “We know how to build Show less Read more
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