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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (152746)1/26/2020 5:42:37 PM
From: TobagoJack  Read Replies (1) | Respond to of 217906
 
Would say the situation is unclear

SARS did not really affect the financial markets outside of Greater China area as far as I thought at the time.

Did not affect HK stock market in any bug way.

Affected HK real estate pricing, for sure, as tenants defaulted and leveraged landlords got put against the wall.

Corona may be a convenient trigger / excuse for a local (HK) / global market drubbing given where we are in the cycle, but probably would need to get much worse else akin to bad flu, as far as I can tell up to this minute.

HK stock market is really not-high-high.

Irrespective of the state of ‘is”, difficult to see the bull markets continue.

Central banks might try to cure a problem they cannot possibly cure, and send gold up. Unclear CBs can be that moronic, but i stand ready to be surprised.

Am going to spend part of day to consider what, if anything, to short. Either by HK basket of shares or its options, and how ... might be best to just wait it out. IOW, should there be a market drawdown, buy.



SARS started November 2002, financial market drawdown in epi-center HK was effectively nothing, and essentially disappeared by November 2003, w/ the worst of the scares gone by summer finance.yahoo.com

2008 crisis was clearly much more awful at least as the markets were concerned, as it affected all.