With markets on a downtrend, it is time to take some contrarian bets

Those who have knowledge don’t predict, and those who predict don’t have knowledge, goes the famous proverb.

When you sit and ponder what will happen next, you realise things are not as simple as they once were. You also realise that as more things change in markets, more they remain the same. 

Looking at the recent developments, it is time to take some contrarian bets and increase allocation to equities according to your asset allocation plan. Markets around the world have sold-off sharply as anxiety about the worldwide spread of coronavirus (COVID-19) lingered and concerns grew about the ability of