Market Review and Trends
Why I am unfazed by the 2019-nCOV market drop?
By Theory of Constraints  •  February 4, 2020
Ever since more confirmed nCOV cases started surfacing up globally last week, the equity markets have generally taken a beating due to uncertainty of the near future, especially stocks relating to tourism. Medical and medical supplies related stocks are up on the contrary, which was expected. Panic selling in the market, further depressing prices. My portfolio has taken a hit as well, shaving off 7.7% of its value from the start of the new year. We don’t see this nearing the end as yet, and prices will expect to continue to fall further. However, I am still sleeping well at night. Why? The current dips in the market have little to do with the company’s fundamentals, but more of external macroeconomic factors. As long as you are vested in high quality companies, the current situation is a passing one, and I believe it is not the real...
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By Theory of Constraints
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