Financial markets have always recovered within a month of the tragedy taking place, whether it
PETALING JAYA: Financial markets have always recovered within a month of the tragedy taking place, whether it’s a disaster, disease or geopolitical tension like the severe acute respiratory syndrome, Sept 11 or the tsunami, said Ng Chze How, AmInvest senior vice-president (retail and retirements funds).
“Looking at history, whenever any of these tragic events happened, and there are many other examples, markets would typically recoup all of its losses within a month of the event, and in fact show a return three to six months later,” said Ng.
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