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Elmer Funke Kupper

The virus hit is a healthy market correction

The market declines from the coronavirus are no reason to panic. In fact, they are a healthy sign that will present buying opportunities.

China is a remarkable country. In trying to contain the outbreak of coronavirus, it quarantined some 12 million people. That is like quarantining everyone in Melbourne and Sydney at the same time for several weeks.

Containing the spread of the virus is important, so we don’t reach flu-like numbers.

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Elmer Funke Kupper is a former chief executive officer and private investor. Connect with Elmer on Twitter.

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    Original URL: https://www.afr.com/policy/economy/the-virus-hit-is-a-healthy-market-correction-20200301-p545pn