The Markets, Coronavirus and what we can do
The markets last night took a dive globally. Everywhere from New York to Karachi, we saw sudden selling and almost panic in the past 24 hours. All of this on the back of coronavirus. Coronavirus? Coronavirus or nCOVID-19, is a new coronavirus that has been identified. It spreads as easily as the common flu and is about 10x more fatal. That may sound like a lot, however, considered the low mortality rate of flu, cCOVID-19 is only slightly more dangerous than pneumonia and far less dangerous than the recent Ebola or SARS, although it spreads more easily. Impact? The main reason why nCOVID-19 has become such a big deal is that in the beginning of the outbreak, no one was really sure how high the mortality rate would be. China was vigilant and the media reports were haunting, to say the least. Wuhan remains the city with the highest mortality rate and it set the stage for how coronavirus would be portrayed throughout the world. According to worldmeters.info there have been 11...