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It's been an eventful start to the year and not exactly in the way than anyone would have anticipated even two months ago. Once again, once the initial panic has passed, investors have taken the spread of COVID-19 in their stride, a little too much you could argue.
The initial panic was that it could be as bad as SARS, and yet, it's been worse, and it turns out investors aren't that worried after all. The stock market can be a very strange place at times.