{"id":2098,"date":"2020-02-27T13:23:00","date_gmt":"2020-02-27T13:23:00","guid":{"rendered":""},"modified":"2025-11-07T10:39:42","modified_gmt":"2025-11-07T05:09:42","slug":"impact-of-coronavirus-on-your-portfolio","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/impact-of-coronavirus-on-your-portfolio\/","title":{"rendered":"Impact of Coronavirus on Your Portfolio"},"content":{"rendered":"
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Coronavirus has been in the forefront of news these days. It started at Wuhan in China \u2013 spread to Hubei and now showing its signs in South Korea, Japan, Italy, Iran, Singapore, etc.<\/p>\n\n\n\n

There\u2019s a lot that the countries are doing in order to prevent it from spreading further.<\/p>\n\n\n\n

Unfortunately, the number of deaths due to this virus has crossed 2,770.<\/p>\n\n\n\n

From a financial markets perspective, the virus has taken its toll all across the globe over the past few days.<\/p>\n\n\n\n

Sensex<\/a> has plunged by around 3.5% over the past 4 trading days. The S&P 500 index has fallen by almost 7.5% over the past 5 days.<\/p>\n\n\n\n

Let us try to dig a bit deeper into this.<\/p>\n\n\n\n

And we will start with going into history. Do you remember the outbreak of SARS in 2002-2003 in China & Hong Kong? The outbreak started in southern China, spread to mainland China, then to Hong Kong, Taiwan, Singapore, Canada, etc. The overall death numbers were close to 800.<\/p>\n\n\n\n

Talking about the impact, the stock markets globally had taken some amount of beating back then.<\/p>\n\n\n\n

China, in that phase, used to contribute only around 4% of to the global<\/a> GDP.<\/p>\n\n\n\n

But, because fear sells better \u2013 and as soon as there\u2019s some negative news, we all start watching TVs, go online and search about the extreme negative possibilities and more, are we missing out on some important information? Possibly yes! Sorry, definitely YES!<\/p>\n\n\n\n