Here in Hong Kong we are into week 9 of a partial lockdown with schools closed, distancing the norm and more determined efforts across the community to contain the spread of C-19.
Recent infection clusters have re-introduced a new wave of more stringent measures being rolled out to ensure that this spate doesn’t get entrenched into our community.
The health risks are way too great to ease off now. Economic damage has to be a distant priority at times like these. If the pandemic isn’t effectively contained, your economy is kaput anyway.
Economic recovery is assured at some point in the future. Deaths due to C-19 are an altogether different matter…
From our experience here in Hong Kong and in China, the UK, most of central Europe and the US can realistically expect to be in varying degrees of lockdown for the next 3-4 months, minimum.
There is no escaping that fact. The length and severity of the lockdowns depend upon how successful containment is in these early stages.
There can be no other priority for decision-making other than the effective containment of the pandemic.
Keep yourself and your family safe.
Look for the silver linings where you can. There are lots of people out there who are there to help.
Only watch the news once or twice a day to protect yourself from a mental downward spiral.
Instead, get to work on your post-pandemic life. Reach out and collaborate.
At times like these, that sort of purpose and vision, will carry you through.
As for me, I’m busy collaborating on a post-pandemic portfolio to ride the recovery.
Currently, having a good look at COSTCO, among other things.
This is just one of the stocks that we have on the radar for a number of reasons. It has a great business model for all stages of the business cycle and proved very resilient during the recent crash.
Get in touch if you’d like to get involved and see exactly how we are setting up to ride the next phase in the market.
Or have a bash at the 7 day portfolio challenge to get the background to what we are building.
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