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WHY THE CORONAVIRUS IS GOOD FOR WESTERN STOCKS All the pandemonium in the markets today is over the coronavirus, which is largely stuck at it's epicentre, China. Dow was down 600 points on Friday as everyone was in a panic selling mode. However, as insensitive as this may sound, the coronavirus is good for US, Canadian, and western world stocks in general. ... Finding something that is not "Made in China" is difficult these days. If you are a fastener company making fasteners in Minnesota, for example, you are only going to see your order book rapidly increase as the cheap Chinese parts are unavailable. Companies will see that more locally sourced parts are available and their supply chains may drift closer homeward, not only for the short term shortage, but perhaps drifting more domestically over the medium and longer term. 80% of China exports are in locked down provinces due to virus containment. Factories are shut down, shipping is shut down. Who is best to take up the slack? Domestic companies! I find it hilarious that healthcare stocks are joining in on the nose dive - but that is due to the warping of the market by index funds which hold 45% of the value of the market, selling everything at the same time. Throwing the baby out with the bathwater right now is a dumb thing to do. It is better to focus on domestically exposed stocks and Europe. Beleive me, a US or German worker makes a much better fastener (sorry to keep using this example) than a Chinese factory that is usually off by some amount due to cheap labor. Think of it as a Black Friday sale on the markets. Dont panic about your investments - it's like a big sale time to buy is now. When you see health care stocks sinking because of a health care scare you know the markets are fully unplugged from reality. If the pandemonium were to happen and the US was to get a massive number of infections, who would be making money? Hospitals and health care industries, of course. Hang onto your seat, buy in on the dip and wait 2-6 weeks and watch yourself win a mini lotto.

MARKETS Stock markets are going to bounce around pending this China deal and how it's implemented. Covered call strategies are an excellent way to jack yield while markets go sideways. Message me for information on how to make use of this strategy to generate income and increase downside protection

Read more about real estate outlook on www.kltgroup.ca https://www.citynews1130.com//sales-spike-analyst-predict/

www.kltgroup.ca Global Economic Outlook - 2019-2020 What is going on and what to look for in the future.... https://img1.wsimg.com//2/downloads/globaleconomy2019.pdf

Sep 2019 bulletin - China & Sideways markets https://img1.wsimg.com//downloa/china-markets-buletin.pdf www.kltgroup.ca