Saturday, February 1, 2020

Wuhan outbreak

With Sg just averting a recession last quarter, I felt that the wuhan outbreak may like plunge sg into recession as tourism will be hard hit.

This meant that the stocks market will go down earlier than expected.

The wuhan outbreak is likely to last a few months, meaning the downturn will also likely last.

Last check on my existing counters, all are on the downward spiral. I am accumulating cash meanwhile to take advantage of this when the price of my counter is right.

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