
David Shapiro on Coronavirus: SA has gone mad, but so has rest of the world
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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 last week's turbulence. Shapiro's message: this too shall pass - but exactly, when remains an open question.