Start of February 2020 was horrible for global markets. Coronavirus pandemic has devastated human lives and global economy.
We could see huge outflow of money from markets. Investors were selling assets and world stock indexes dropped down.
Which sectors are falling during pandemic?
- aviation industry and airlines
- tourism, travel agencies
- pub, restaurant
- oil industry, gas industry
- banks, insurance industry
Worth it purchase? In my opinion, not yet. The impact could be longer than you think. Instead, I would choose some defense assets.