After a 2 month hiatus .....

After a 2 month hiatus, I am back blogging again. Much have changed during the last 2 months. The corona virus that originated from Wuhan, China, is now known as Covid-19 (corona virus disease- 2019). After the thousands of death and infections in China, the disease has now spread to the whole world. Europe is now the epicenter of Covid-19, taking over the "title" from China. Thousands are dying everyday and the end of the infection is nowhere in sight.
Businesses are affected badly especially in the aviation and tourist related industries.
Stock markets around the world have lost trillions of dollars in value. To add to the misery of the stock markets, the oil trade war which OPEC has with Russia has caused the crude oil prices to plunge from USD 50 a barrel to about USD 30 now.
America as of last night have declared an emergency against the Covid-19. Travel from Europe and other Covid-19 areas are not allowed into USA to prevent the spread of the disease for the next 30 days.
I will stop writing about the Covid-19 and the situation the world is in as you may get further news from the media.

The stock market will crash this year, said the experts

This picture was taken at 11:20am this morning of the 30 top losers of shares in Singapore. I noticed the big 3 banks in Singapore was down between 1.8% and 2% (even with dividends). Then it dawn on me when I read this article about the collapse of the stock markets etc., I began to feel afraid for those friends of mine who are holding on to some stocks.
However, I do not hold any shares any more and will see whether I could pick up some cheap bargains when the catastrophe occurs.