Somnif, nitpick -- exacerbate, not exasperate.
I bought corona virus stocks companies developing and “cure” but more importantly the testing kits. CODX so far is skyrocketing. If you want in, now is the time. Just saying, I’ve doubled my money and then some.
The trick is when to sell. Once the panic settles down, those stocks are going to drop, hard, I suspect.
The knock-on effects are honestly being more of a pain to me, personally -- the place I work at sells a lot of meat to China, and the company has had to resort to packing boxes into refrigerated shipping containers, and hiring industrial scale generators to power them. (These suckers come in their own shipping container, to give you an idea of size.) We also sell to other countries (Jordan, the US, the UK, Germany, I think Peru...) so we've been able to shift SOME product. A different company in the same industry has had to shut down because they only sell to China.
I've said in the past to several people at work that I wasn't happy with how the meat industry was trying to sell everything to China, and not also trying to develop other markets (like India, maybe.)
Coronavirus has been an interesting lesson in how
everything is interconnected in this global economy.
