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Monday, March 09, 2020

Markets Continue To Fall

The markets are continuing to fall, as #COVID19 irrationality grips investors' minds.

Have we hit bottom?


Will it get worse?


However, bear in mind that the #COVID19 outbreak will abate within a couple of months. Additionally, the central banks and fiscal authorities will be enacting measures to ameliorate the financial consequences of people's irrationality.

As such, as and when #COVID19 passes - and it will, the markets will rise as people take advantage of the fiscal and monetary stimuli that will remain in place.

For the moment, investors are going to have to grit their teeth.

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