The world is facing a “black swan” event — an event that goes beyond normal expectations and has potentially large consequences — in the form of a pandemic.
The coronavirus was first detected in China in December 2019. But over the past few weeks, it quickly spread around the globe.
By March 13, President Trump declared a national emergency in the United States.
To slow the transmission of the virus, people started working from home, schools began closing their doors and large social gatherings are now off-limits.
This has caused the economy to grind to a halt. With so much uncertainty about economic growth, the stock market sold off sharply and has now entered into a bear market.
In this update, I want to put the pandemic, economy and stock market into perspective.
If you watch only one update this year … make sure it’s this one.
What I have to say is important and will hopefully put your mind at ease. So, to hear more about why we’ll get through this in the long term, just click on the “play” button below:
Consider subscribing to my Alpha Investor Report research service. Every month, I tell my readers about a growing business that’s trading at a bargain price.
I look at a stock for what it really is: a piece of a business. That way, all I have to do is figure out the underlying worth of that business — and decide if I want to pay for it based on its current share price.
That’s how I’m able to ignore news headlines and the daily stock market gyrations. Because they’re nothing more than a waste of time.
In fact, I only ever like to buy stocks when they’re cheap … like so many of them are right now.
Due to the market sell-off, many companies are now trading at an even greater bargain compared to their underlying worth.
Go here now to find out how to access my latest research.
Regards,
Editor, Alpha Investor Report
