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By Thomas Poh - 18 Mar 2020 The world is being caught up in an unprecedented turmoil. What sparked off as a localised outbreak and turned into a global pandemic. Back on the 5th of March, I had highlighted in my market update to some on my assessment of the outbreak and its potential global impact. At that point, the Fed had already did their first 50bps cut. To re-cap, at that time, 1.The virus had turn epidemic, it would be a matter of time before it spreads globally. 2.And the countries that had witnessed the spread will impose a lock-down as a knee-jerk reaction. 3.The economic activities in those areas will nose-dive 4.Financial markets will crash 5.As a result, the respective governments/regulators will announce fiscal and monetarymeasures to try to alleviate the impact. (The Fed had