I recently watched the film Midway, which depicted a key turning point for the Americans in the Second World War, following the Japanese attack at Pearl Harbor. It reminded me a lot of what has transpired over the past few weeks as the global economy has come to grips with the sudden threat posed by the coronavirus.
Thanks to social media and the rapid spread of fear, markets have reacted violently, resulting in catastrophic damage with equity markets falling by more than 35 per cent in just a few weeks. This has left many wondering what the future holds not only for the economy but also for those investing in it.
However, during such times there are some important lessons to learn from history, and Midway is one of them.
Stay calm and listen to the intel
There were those such as Col. Rufus Bratton who believed an attack on