Let's get one thing straight we don't have a pandemic. In 2018-2019 42.9 m people in the US alone were infected by influenza during the 2018-2019 season,of which 647,000 were hospitalized and 61,200 died.To date Covid-19 infections globally are less than 1% of this number.
China and South Korea peaked at 5,000 per day within a month this number has fallen to under 100.
When the dust settles investors will wake to reality that the RBA has an official rate of 0.25% which means that deposit rates will be 1.25% which means that after inflation and tax,investors will receive a return of negative 1% this will lead investors back into equities it' inevitable.
This market has been sold down by forced selling from equity fund redemptions and margin calls note 9/3/20 was the highest on record for margin calls.
Just remember a faint heart never won a fair lady.
