Look at the photos of Italy, Spain & France in this article….the tourist spots are all empty. The Covid-19 situation is spreading wildly with Europe as the epicentre.
Other countries like Australia & New Zealand have just announced self-quarantine requirements for all who arrive in their countries. Such measures literally bring a standstill to the tourist industry. The downstream impact that this has on other industries is significant. A recession seems imminent.
If you are an investor, you may consider this to be an opportunity. Check out this article that discusses how this can/should be done…
