Corona virus is not as contagious as Mers. Death rate is still about 20 percent simikar to Sars. Mers is 40 percent. In both cases they know the source. Corona in some cases does not have a symptom.
If you notice, this virus infected people are getting more and more but the death rate is reducing
In other words, It says this virus is not as deadly as people fear
Good news are coming soon when Western Scientists start to get more information about this virus. And public will be calmed down once scientists confirm that the virus can be contained, can be treated, and vaccine will become available too
The market down a lot is only temporarily. The market is reacting to the huge fall experienced overnite by US Dow Market. I see this an opportunities to buy on pullback.
Dont forget, so far the Wuhan Virus has been largely contained in China. Compared to 2003 Sars virus, i believe its much worst off for the time being. No doubt we have not seen the peak of the Wuhan Virus and as the weeks passed by we see more and more cases of patients infected. The stock market will go thru this like any adversity and go higher eventually like always.
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