Corona Crisis: Economic Scenarios
Stock markets have dramatically gone down over the course of the past few weeks and investors are highly uncertain about the future. Long term investment strategies, like Compound Investing, can profit a great deal in volatile times. Using low prices to buy has a huge positive impact on the strategy’s return over the next years. However, times like these can also lead to bad decisions, because experiencing losses evokes a strong emotional response. In order to avoid such a response I will publish a series of posts on possible economic scenarios. Finally the goal is to provide the reader with a broad range of future scenarios. That will enable him to maintain an open mind and not freeze in light of his fear of an economic depression.