What Are the Markets Telling Us?

What Are The Markets Telling Us?

Summary 1. Do not underestimate the long-term impact of the coronavirus. The most obvious consequence is that the $8.8 trillion global-tourism industry, which supports 10% of all jobs on the planet, may not recover for years. 2. We are being given another opportunity to buy gold and the gold mining shares. ***** 1. Do not underestimate the long-term impact of the coronavirus. The most obvious consequence is that the $8.8 trillion global-tourism industry, which supports 10% of all jobs on the planet, may not recover for years. (See WILTW August 8, 2019.) What happens to the small businesses around the world that serve this industry? What happens to air travel, hotels, restaurants, ret…

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