Financial news of the week

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I will summarize the results of the week.

1. Let's start with macroeconomic projections The International Monetary Fund assumes that a covid pandemic will take 3% off global GDP in the medium term. It is assumed that in 2024 the global GDP will be about 3% lower than expected before the pandemic, but the medium-term effects will still not be as severe as the effects of the global crisis of 2008 - 2009, says the IMF, also the IMF notes that the possibility of "scars" from the current crisis remains significant, although unprecedented support measures systemic financial stress and long-term economic damage seem to be avoided, the path to recovery remains thorny, especially for countries with fire
   A quote. Contrary to what happened during the global financial crisis, emerging markets and economies are expected to be more "scared" than advanced economies, with low-income countries likely to suffer the most severe losses and the IMF notes that economies that are heavily dependent on tourism or have a high proportion of high contact sectors like restaurants and retailing will take longer to recover, while a pandemic shock could have a huge impact on labor markets over the medium to longer-term
   On April 6, the fund released updated growth forecasts for the economy and published this in the World Economic Outlook report. i.e. the global outlook for the world economy. I would like to ask people reading this article, as ordinary consumers: Do you think that business areas, which involve a lot of human contacts, are really changing irreversibly or now? Leave your answer to that question below in the comments.

2. Let's move on to the next piece of news.
   Kathy Wood has launched her new fund for the first time in two years, and as financial journalists call these here have managed to maintain a reputation as an effective investment manager. The new fund is a space fund called the Ark Space Exploration Innovations ETF (ARXX). It tracks U.S. global space exploration and innovation companies. Tuesday's trading turnover of more than $294 million is the eighth-best start in ETF history, according to Bloomberg. The fund will include just 40 to 55 companies, the structure at the moment is as follows by weight:

3. Trimble has the most weight - more than 8% - in laser optical technology and GPS.

4. Arkovsky Fund is engaged in 3d printers 6%.

5. Foundation company Kratos Defense & Security Solutions (KTOS) - the company is engaged in weapons, drones, missile defense, cybersecurity this company has just under 6%.

6. L3Harris Technologies - a defense contractor and information technology services provider

7. Chinese company dji.com - engaged in online commerce, e-commerce.

8. Virgin Galactic - which will be involved in space tourism is Kathy and her team has gathered all the companies that they believe in the long term could be the beneficiaries of human space exploration.
   Recent months for Kathy were not the most successful, because there was a decent outflow of investors quite a long period of time continued outflow of funds, but still overall so far the results look pretty impressive because the funds attracted almost 16 billion dollars and all five existing funds, which are actively managed for 12 months rose more than
   more than 130%. Even in spite of the correction, the Cathy Fund is quite strong and is now working on launching a new project.