A Viral Market Meltdown: Fear or Fundamentals?

In the last week, the Corona Virus has cleared jumped borders not only in terms of infections but in stock markets. The S&P 500 has dropped almost 8% over the last five trading days, and other markets, especially in Asia, have done worse. As with any crisis, I find that I lose perspective and then feel the urge to abandon my investment philosophy. In this session, I try to set that right by first putting the market drop in perspective and then using an intrinsic value framework to assess how the virus affec