It is certainly going to be extremely chaotic. The Dow was down by 10% on Thursday and so was the NASDAQ. The European markets of UK, France and Germany were down by over 12% as the Coronavirus is starting to take strong roots in these countries. Italy has already reported close to 850 deaths and it is rising. France and the US are also seeing a rising number of cases. If you look at the SGX Nifty it is already deep down by around 8% so don’t see any respite for today. The Dow is already down by 27% in the last one month and firmly in bear territory. It is rubbing off on all markets. On Thursday, the US government announced a $1.5 trillion rescue package but despite a temporary bounce, it hardly had any impact on the markets.