There Is No Reason to Panic Over Virus, Says OCBC’s Menon

The transcript discusses the impact of past virus outbreaks on markets, particularly the SARS outbreak, and compares it to the current situation with the coronavirus. It highlights the preparedness of authorities and the potential market impact, suggesting that investors should not panic. The discussion includes the role of safe havens like US Treasurys and gold, and emphasizes the need for a balanced investment strategy in a risk-filled year.

What was the impact of the SARS outbreak on the stock market in 2002-2003?

• Stock markets rose by 14 to 16%

• Stock markets fell by 14 to 16%

• Stock markets remained stable

• Stock markets were unaffected

How does the current preparedness of authorities compare to the past during viral outbreaks?

• There is no change in preparedness

• Authorities are more prepared now

• Authorities are equally prepared

• Authorities are less prepared now

What is the expected role of defensive money in the current market situation?

• To have no impact on the market

• To increase market volatility

• To prevent a significant sell-off

• To cause a market crash

What is the suggested approach for investors in light of the new virus?

• Invest heavily in risky assets

• Maintain a balanced portfolio

• Ignore the market entirely

• Panic and sell all investments

Which of the following is NOT considered a traditional safe haven for investors?

• US Treasurys

• Cryptocurrency

• Gold

• Japanese yen