In Brief: Coronavirus - its potential impact on the global economy, your investments and what investors should do next
Monday, 02 March 2020
Stock markets went down last week as the coronavirus infection continues to dominate news headlines around the world and weighs heavily on investors’ minds.
In this dedicated article about the virus, Ray Black, Money Minder's MD and chairman of the in-house investment committee, provides readers with important background knowledge about the virus and his thoughts on what the short-term economic consequences might be and his views on what might happen next and what investors should do.
The aim of this article is to provide information and guidance that will help our clients to make informed investment decisions, however, it will be helpful to anyone who is interested or concerned about the impact the coronavirus might have on the global economy.
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Please be aware these articles are for general information purposes only and correct at time of printing. We will
not accept responsibility for any errors made or actions taken by any readers that have acted on the information
contained. Answers given are for guidance only and specific advice should be taken before acting on any of the
suggestions made. All information is based on our understanding of current tax practices, which are subject to
change. Always remember when investing, past performance is not necessarily a guide to future performance and
the value of some investment units can fall as well as rise.