Amid the uncertainties surrounding the COVID-19 outbreak, investors had better brace for an economic downturn and market slump, before the economy eventually recovers and the situation brightens up, UBP said in a media conference call today. Fears escalated this past weekend that the virus would further cripple the global economy as the number of infections surged in South Korea, Japan,…
UBP favours defensive strategy, warns of market correction before rebound
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