Home Forums Hunting & Shooting Hunter's Campfire Will the Coronavirus Tank the Market?

I think we'll see the markets tank soon. This is a BIG thing happening, and it's closing off global trade, no doubt.

It's time to move to cash...maybe?

Nope.

We are about 6 years from our next major correction.

I don't look at a possible world pandemic as a correction, but a disaster. China's economy is headed into the tank. That alone could cause more than a mere "correction".

I Hope you're 100% correct, however.

I’m already in cash, markets only run so far. The stock market is like 99. I think the least we will see is a 30% correction.

Not unless it truly goes worldwide. The tariffs slowed China somewhat.

I’m thinking we’ll see a dip or pullback but not a major one. Time will tell.

Black swan event?

I’m staying invested. I never was smart enough to time the market.

Maybe, we should know for sure in the coming weeks.


https://www.forbes.com/sites/jackke...-us-economy-and-job-market/#ebf41673991b

We're pretty much 35% cash/value of our business assets, 25% stocks and 40% real estate (equity in our primary and secondary residences plus rental properties). Not sure what else to do besides stay diverse. The bulk of what we have in the market is in mutual funds and in 401k and Roth's and I'm 20 years from retirement, so not losing sleep at night over "what if's" and definitely not pulling out of the market. Might move into safer funds for the short term.

I'm becoming more and more convinced to move heavier Into real estate/rentals. Wife is managing ours full time (as well as running the office for our construction business) and being in construction makes it more profitable in several ways, (tax write-off's, being able to self perform maintenance etc.) plus we're seeing a 10% cap rate on what we have and can find more with the same if I buy right and do upgrades myself. Our area is traditionally protected due to 3 colleges/universities located with-in a 10 mile radius and one of the highest rates of growth in our state.

A trusted relative/mentor used to always tell me the stock market was nothing but a piece of paper, but buy a piece of land and even if it drops in value "you can always take a piss or plant a potato on it" a lot to be said for that advice.

It will get somewhat lower in the next few weeks but it will come back with a vengeance.

It has fallen the last few weeks even after China said that more folks were sick and dead.

The travel folks will take a hit but i thing that others will find countries that will make up any short falls of goods that China can not make.

Sometime in late March it will subside.

We will see market volatility this year but there's nothing major on deck.

That sounds about right. The corona virus is a simple anomaly that is presenting opportunistic buy in points in the market.

Election year. Probably the most contentious in modern history. A certain level of market volatility is inevitable.

Unless you're planning on retiring this year....[yawn]

That’s the premise behind the whole thing.

I was a stock broker in 1999.

We are no where close to 1999.

The clock started back in August when the yield curve inverted for the 2yr & 10yr Treasuries, typically giving us 1-2 years before the market slides. The Chinese problem may hasten the timeline. The market tends to go up after the inversion until it falls.

The market's appreciation in the last month or so since Corona includes the safe haven premium. Overseas markets will tank first. Dollar is high, US markets are high, I think an overseas market buying opportunity may be presenting itself shortly.

Just read that folks after getting the gene sequence developed a vaccine for it.

Now to mass produce it and get it out there.

Always hope.

The Chinese situation is a bit more serious than most realize. PRC has shut down. Nobody going to work. Nothing going in and nothing definitely coming out business wise. It will certainly affect the world economy for the next quarter or 2. PRC is the #2 economy in the world. It may to prove to be a great buying opportunity, choose wisely.

No, it might drop some.