Allianz CEO Says Market Panic Over Coronavirus Isn’t Warranted

Oliver Beta, CEO of Alliums, discusses the impact of the coronavirus on markets and the global economy. He emphasizes the importance of long-term investment strategies and the need for public administration to organize effectively. While acknowledging short-term economic contractions, he remains optimistic about eventual normalization and stresses the importance of avoiding panic.

What is Oliver Beta's perspective on daily market volatility?

• He recommends frequent trading to capitalize on volatility.

• He suggests avoiding any market investments.

• He believes it is crucial to focus on daily changes.

• He thinks it is important to look at long-term trends.

According to Oliver, what is a major concern for Alliums during the coronavirus outbreak?

• The company's stock price.

• The development of new products.

• The safety of clients and employees.

• The expansion into new markets.

What does Oliver suggest is a significant issue in society's response to the coronavirus?

• Disorganized behavior and panic.

• Lack of financial resources.

• Overproduction of medical supplies.

• Excessive media coverage.

How does Oliver describe the short-term impact of coronavirus on business activities?

• There is a permanent shutdown of operations.

• Business activities are unaffected.

• Activities are coming to a temporary halt.

• Activities are increasing rapidly.

What does Oliver emphasize as crucial for preventing panic during the coronavirus outbreak?

• Public administration organizing effectively.

• Increasing media coverage.

• Reducing business operations.

• Focusing solely on economic growth.