Impact of the Coronavirus outbreak on global investment markets
Clearly, the Coronavirus outbreak is not a traditional macroeconomic event like say, the 2008 Credit Crunch and the ensuing global economic recession or like the early noughties Dot Com bubble. Pembroke’s thoughts are absolutely with those immediately affected by the spread of the virus but our professional responsibility dictates that our principal consideration is for our clients. We cannot, and will not, aim to predict the future and we most certainly cannot forecast the precise timing of the virus’s spread or the reaction of global stock markets….