What I have been reading - 9th March 2020
Here are the things that caught my eye over the past week - mostly market and Coronavirus related!
The worst day of our investing lives: A good account of Monday's market moves.
The market is moving. Most people should sit still: Wise words from Ron Lieber at the New York Times.
"War is an appropriate analogy": If you are still in the camp 'this is just the flu', please watch this.
When a danger is growing exponentially, everything looks fine until it doesn't: I am not panicked, but I am concerned. I am particularly concerned about how Cayman is going to cope with this virus. I am concerned because I have read a lot about this from a wide variety of sources and from a wide variety of experts. This Washington Post article explains the four things we need to understand.
Flattening the Coronavirus curve: This is another excellent article highlighting what we can do on an individual basis and why it matters. I am continuing life as normal (with a lot of extra hand washing) but am trying hard not to greet people with a handshake, hug or kiss. Behaviour is hard to change, but if we all change together, it becomes easier. It's a simple step we can take here in Cayman. With such changes, we might limit the damage. Without, we might be Italy in 2 weeks.
