David Shapiro on coronavirus: SA has gone mad, but so has rest of the world

Fear has replaced whatever sanity was left after last week's turbulence. David Shapiro's message: this too shall pass - but exactly when remains an open question.
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On another day when share prices on the JSE took a pummelling and panicking South Africans emptied shop shelves, SA's favourite market commentator David Shapiro applies his mind to the root cause, the ever spreading coronavirus. His conclusion: the world has gone mad, with people dumping assets as though Armageddon had arrived. Fear has replaced whatever sanity was left after last week's turbulence. Shapiro's message: this too shall pass – but exactly when remains an open question. – Alec Hogg

As always, here's David Shapiro.  I'm glad you came into the studio. We've had quite a fallout today from our studio guests. I suppose John had no chance because he came from Port Alfred but coronavirus is spooking everybody.

___STEADY_PAYWALL___

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