MSB Trading - 2020, page-2731

On the Corona virus, my personal opinion from a medical standpoint, is it is all hype and an overreaction from governments.

Consider, the % mortality rate is very similar to that of influenza we all know so well. It is a variant of that family of virus.

Yes, people are dying and that is scary (especially when sensationalised in the media), but you won't hear of the many thousands more dying daily from influenza.

On the flip side, from a financial sense, it is not all hype. I think there is under appreciation of the short term affects on the markets.

China is basically closed for business and come to a grinding halt due to the action government has take to try to contain it.

The media and investor used to worry about china slowdown over the last few years which caused big pull backs. This is much bigger and more acute.

So I would expect over the next few months, the markets as a whole will get a rude shock once GDP numbers start surfacing.

Maybe worth having some insurance on the short side with some indices (SP500), that's what I am doing anyway.

On the up side, it won't last forever and there will be bargains once the media gets bored of it and we move onto the next more exciting topic.