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Coronavirus Economic Update - A co-ordinated global response, how it might affect your cash and investments and what you should consider stocking up on?

In Brief: Coronavirus Economic Update - A co-ordinated global response, how it might affect your cash and investments and what you should consider stocking up on?

Monday, 16 March 2020

Global stock markets continued to fall in value last week before investors enjoyed a rise on Friday 13th when most markets closed higher.

In our latest instalment of dedicated articles about the virus, Ray Black, Money Minder's MD and chairman of the in-house investment committee examines the recent responses from Governments and central bankers around the world and why, and on what, investors may wish to consider stocking up on.

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.