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Here is an interesting article about scientific modelling of the outbreak

https://www.marketwatch.com/story/scientist-who-simulated-the-global-impact-of-a-coronavirus-outbreak-says-the-cats-already-out-of-the-bag-and-chinas-efforts-to-contain-the-disease-unlikely-to-be-effective-2020-01-24

I definitely agree with the author that the cat's out of the bag already considering that China usually underreports bad news and when they officially report 800 people sick, it means > 5000.

I believe it's only the beginning of the market pullback, though it should affect any investors with with long term horizon. The fundamentals of the market are still good and this outbreak will be contained.

How long this pullback will last heavily depends on the incubation period of the virus, which currently estimated to be between 2 and 14 days. Unless somebody screws up really bad I expect the outbreak will be over by the end of March if not earlier.

Meanwhile the pullback will cool off overbought stocks and provide a good buying opportunity.



Submitted January 24, 2020 at 05:57PM by accidentally_right https://ift.tt/2uu18VG

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