From an investment perspective, this atmosphere of fear will affect our investments as well. From the number of people staying away from crowded places, to general avoidance of large foreign branded places, this will become the new normal.
Stocks such as REITs and property owners of retail spaces will likely be affected. Particularly in Singapore, where a lot of us are used to thronging malls, there might be a concerted effort to avoid the mall crowds in case an attack happens.
There would be avoidance of malls in general, cinemas, taking trains to popularly crowded stations, maybe even concert and sporting events.
While we try our best to adjust to this new normal, going to work in our usual transport modes, we bear in mind that we could reduce the probability of being caught in an attack by avoiding large-scale events and places of large crowds.
Hence it is not the best time to invest into REITs right now IMHO.
Trade safe.
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