Re: Coronavirus scare causing markets to fall
|
|
Im going to say it aint gonna be that bad
2 months ago i would have agreed but i think aus/nz have thus far handled it well
Markets didnt bottom as far as i thought they were going to - i was thinking dow to 16-17thou, my buy options didnt come into play probably being a bit greedy - im not sure that it will pan out any worse than GFC
Housing i bet 10-15%, some will fare a little better some a little worse
Any pain should be short lived - people adapt, get over it and move on and i think that will happen fairly quickly
The greatest unknown or governing factor is going to overseas markets ability to recover from being affected more by the virus - obviously many of them are in a worse position than us, global supply chains will be different
__________________
Q: If you have tried to sell it three times now and it is still not sold, do you think it might be over-priced?
A: It is over priced - just like all the other falcon coupes for sale!! 
|