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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Stock market crash?

27 replies

JudesBiggestFan · 28/02/2020 11:36

AIBU to think that we are now heading for a recession because of Coronavirus?
The stock market is in free fall today, my own industry and others are being impacted because of the decline in tourist numbers and lower production out of China, and it seems widespread uncertainty about how to contain the virus means none of this will end soon.
On top of the uncertainty around Brexit it feels very worrying.
I should stop watching g the news really because none of this is controllable but grimly fascinated about what the impact will be.

OP posts:
HelgaHere1 · 07/03/2020 07:55

Someone said that it won't go away entirely. Even if this epidemic recedes. It will recur over the years.
Pensions are invested in Funds. Funds are made up of Stocks and investments, if the value of these fall it will surely affect Pension Funds. There are lots of issues but I think people are hoping to avoid panic so so far no one is giving a worst case scenario.

Animum2 · 07/03/2020 08:39

I work in sharedealing and this week was very noticeable in our for lack of trade sales and settlements, hopefully this will pick up again soon

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