COVID-19
Global markets are at the time of writing down over 20% in the past few weeks as market volatility has soared due to the crisis spawned by coronavirus (COVID-19). This is understandably unsettling for investors as markets have now fallen victim to another “black swan” in the form of a virus that has quickly developed into a pandemic.
The swiftness of the declines has caught even the savviest of investors off guard, including ourselves. Although this is the first time in modern financial history that a pandemic has caused a major financial market correction, it is not the first time that investors have endured a major shock.
Read our report on how we are navigating through these volatile times here.