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.