The increasing threat from coronavirus

Please click here to view Shane Oliver's thoughts on the increasing threat from coronavirus, what you should watch for and what action investors should take.

Key points raised are 

  • The rout in financial markets has continued, on the back of coronavirus, made worse by a flow on to oil markets
  • The risk of a deeper hit to economic activity has risen.  Key things to watch are the daily number of new cases, measures of economic stress and policy stimulus.
  • Key things for investors to bear in mind remain that
    • share markets falls are normal
    • selling shares after a fall locks in a loss
    • share pullbacks provide opportunities 
    • avoid getting thrown off a long term strategy 
    • it's best to turn down the noise during times like this.