#coronavirus - A Different Perspective You Probably Are Not Thinking About...
Our Weekly 2 Minute Read
Ironically, it might be a good thing if you live under a rock.
For the rest of us who don't, there's a chance we've been exposed to one of the top trending Twitter tags - #coronavirus.
We know coronavirus has expanded around the globe.
We know coronavirus can be a very serious epidemic.
But we also know there could be a major opportunity in all of this...
We've seen some of the biggest drops in the stock market since coronavirus was introduced to the world.
Part of it is due to worldwide fear and panic.
Part of it is due to a lack of business productivity.
We've observed China quarantining and shutting down some of their businesses altogether or having their employees work from home.
We're starting to observe some U.S. companies following China's lead.
With a large part of the global business having China as a foundation (aka your "Made in China" tags), we could see an even bigger dip in the next couple of quarters.
But, there's still an opportunity.
Business is not going away.
There's going to be businesses that thrive as a result of coronavirus.
We see it already - companies working on a cure, companies who sell face masks, and even chemical companies that make disinfectant.
There's going to be other big businesses that come back from a temporary dip and continue to grow - Apple, Facebook, Google.
It's not the first time there's been an outbreak.
It's just the first time we've seen this outbreak.
So it leaves us to wonder - what company will take advantage and are we doing the right research to make sure we're in the right position to take advantage of the opportunity in front of us?
P.S. Stay safe, stay healthy, and be smart!