The current environment emanating from the Covid-19 pandemic is unprecedented and has had a huge and adverse impact on both the demand and supply chain.
Financial institutions, such as banks and insurance companies, with the support of their respective regulators, have come up with different programmes to cushion customers from the current economic slump. These include extension of loan terms or issuing loan and premium repayment holidays. Payment holidays are meant to offer relief to people who may be experiencing financial difficulties in honouring their contractual obligations.
Usually, the market demands some level of certainty and stability, but the current environment reflects neither of these. Even more unsettling, we do not know when it will stabilise or if there is going to be a second wave of Covid-19 or how far out we are in terms of production of a vaccine.
That said and in terms of making an entry into the market, it really depends on, but not limited to, your financial position and time horizon. Investors who probably deemed the market levels prior to the pandemic as pricy, have a higher risk appetite and long-term view, could take advantage of the fall in asset prices, of course with a view of their financial position. See more here
