FLNG - Flex LNG Is Attractive After A Deep Correction
Investment Overview
The global markets seem to be in a panic mode with the coronavirus spread spooking investors. Of course, there are reasons to be concerned. Some early estimates suggest that global GDP could be negatively impacted to the extent of $2.4 trillion.
Further, JP Morgan expects U.S. GDP to shrink by 2% in the first quarter and 3% in the second quarter. Euro zone GDP is also likely to contract by 1.8% and 3.3% over the same period. These factors are being discounted in the markets.
At the same time, it’s important