Today markets are still clinging to the idea that the Fed “has got this.” The sell-off on Monday (just -1.5% on the S%P 500) was entirely too minor to count as anything at all. The vigorous futures buying the next morning says the same thing.
The market doesn’t yet believe that the coronavirus risk is real.
Which means that this may be one of those very rare moments in market history where the immediate future is briefly visible to us, just a little bit before everyone else.
Once you’ve taken the necessary steps to protect your family’s health against the coronavirus threat, then do the same for your money.