Just how far can Covid 19 drive down the markets?

[Cogcog]

Or should we buy into Dettol and paper mask manufacturers for the long term?

[Cogcog]

https://www.cnbc.com/2020/02/27/heres-how-long-sto...

[Cogcog]

Cheib said:

The one thing markets hate above all else is uncertainty....and this is obviously a majorly uncertain event. Personally if you are buying because of a long term view over say two or three years and you believe in the fundamental value there is probably a decent buying opportunity but my guess is the market goes lower first. I very much doubt it is going to rally hard from here in the next few days...we’d need a few days of stabilising in numbers of infected people. I think it’s getting to the stage now where a lot of people will start knowing people that are impacted. e.g. One fo the lads my son plays Sunday morning football with is now in quarantine because his Dad went skiing in Northern Italy last week.

I fear it ( Covid 19) will get much worse before it gets better.

[Cogcog]

I had sat on the proceeds of a house sale since Octobr waiting to see what happened with Brexit. Between COvid-19, Btexit and the Eurozone loking shaky I may just spend it on coke and hookers.