- On 19/03/2020
- investments, superannuation
The coronavirus, COVID-19, continues to dominate the news. Share markets, which always respond more rapidly than governments, have reacted by turning the Bull market (which started in 2008) into a Bear market within a few weeks – with the latest oil crisis not helping. Despite initial hope that the virus would be a temporary dislocation, the market falls (and increased daily volatility) suggest that the global economy is going to have a more severe dislocation that could last for some time.