Assessing the impact of Coronavirus on the markets: Our view

Assessing the impact of coronavirus on the markets: Our view

The recent surge of COVID-19 virus cases outside of China, especially in Iran, Italy and Korea, has shocked the markets as investors flee to safety in fear of a global pandemic, we view this as a black swan event. However, our long-term view is that the correction is healthy for the markets and will be a speed bump on the road to the global economy recovery.