Sooner or later investors will stop freaking out about the coronavirus. We will become inured to the word and to the daily death toll numbers just like how we’ve become inured whenever we hear about something tragic has happened on the news.
In the long run, I’m hopeful that a lot of positives will come out of this coronavirus-induced market panic. I’m hopeful that as early as this summer, we’ll be able to look back on this time period and wish we had bought more equities.
Unfortunately, for a capitalist, there is no time to rest. As capitalists, we must always be aware of the next variable that may benefit or hurt our wealth creation goals and adjust accordingly. Thus, after the panic surrounding the coronavirus starts to fade, I’m certain investors will turn their focus on the Presidential race.
Democratic Socialist, Bernie Sanders has a decent chance of becoming the Democratic nominee for the President of the United States. It’s basically a two-man race between Bernie and Joe. As Bernie’s popularity grows, given his anti-capitalistic policies, so will volatility in the stock market.