According to this recent article published by Tasos Vossos on Bloomberg Markets:
“The World Health Organization says the coronavirus isn’t yet a global pandemic. Bonds that insure against just such a catastrophe say that it probably is. The bonds, sold in 2017 by the World Bank to raise money for poor countries in a global pandemic, are quoted as much as 40% below their face value following coronavirus outbreaks around the world, according to investors who own the securities“.
Although I personally believe this to be the result of a market overreaction, it is also uncertain what the impact on the world economy would be.
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Myself
As an Investment Consultant and Specialist, Pompeo Pontone is a Professional Investor with 25 years’ experience in the fields of Investment Management and Quantitative Finance, with advanced expertise in Computer Science and Data Science.