To get a handle on what’s driving markets now, you need to look at the real economy, not financial markets.And what’s going on in the real economy isn’t at all pretty. The reason: coronavirus.Britain hunkers down Anything connected to the travel industry is heading south in this stock market rout.The shares of pubs and restaurant chains have been hammered. Cinemas, sports – going forward, it’s reasonable to expect that anywhere where people connect person-to-person can anticipate lower footfall. In both 1987 and 2008, markets continued falling for some time. After the precipitous falls of September and October 2008, for instance, it wasn’t until 9 March 2009 that the FTSE bottomed-out, reaching an intraday low of 3460.7 – although its lowest closing value was on 3 March 2009, when it closed at 3512. “This Stock Could Be Like Buying Amazon in 1997” Malcolm Wheatley | Wednesday, 11th March, 2020 But all of that was swiftly forgotten as the car radio relayed what was playing out on world markets. It’s no surprise that measures of business confidence have plummeted. I was still marvelling at the Great Storm of 1987, which had happened the previous Friday, and forced the closure of London’s stock market. I’d flown into Heathrow, with the devastation wrought by the storm clearly evident from the air. Getting into London was chaotic, and in the end, my meeting hadn’t happened. For myself, I topped-up just one holding during Monday’s stock market rout. My purchases are unlikely to be before the start of the new tax year, and a fresh ISA allowance. By then, it should become clearer exactly what the impact on the economy will be. Clearly, too, any time that trading on the New York Stock Exchange gets suspended because of excessive volatility and plunging share prices counts as dramatic. Ditto the Dow Jones Industrial Average closing 7.8% down, with the broader S&P 500 closing 7.6% down. And by then, we’ll have a better idea which shares are bargains – and which are falling knives. I think we can look forward – if that’s the right phrase – to a period of market volatility. I also suspect that although markets recovered a little after Monday’s rout, they could yet head lower.And whether they do head lower or not depends largely on how the coronavirus epidemic evolves, and the effect that it has on the real economy. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares See all posts by Malcolm Wheatley And for a short time, the rush to safety saw demand for two‑, three‑, four‑, six‑ and seven‑year UK gilts spike so sharply that yields briefly turned negative, for the first time ever. That’s dramatic.But Black Monday? I don’t think so.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Memories of 1987On the morning of Monday 19 October 1987, I was driving through the Midlands to a consultancy assignment. Banks have started to offer mortgage and loan repayment holidays, and extend higher credit limits. Early closure fees on fixed-term savings accounts are being waived. The reason? Sales of food freezers. Britain is stocking-up.Buying opportunity What to do? How to play this strange and unsettling time? One of the few business activities doing well is electrical retail. Online appliance retailer AO.com – which apparently sells 20% of the UK’s home appliances – has reported its third-highest sales day ever. That was Black Monday.Volatility aheadThe past is a guide to the future, but never a perfect one. As with the events of 2007-2008, it is quite likely that we will experience considerable market volatility in the weeks and months ahead. Put another way, it’s not difficult to see quite a few shares out there that are priced at bargain levels – but which could yet head even lower. When we look back on 2020, I am certain that the current market will be seen as a buying opportunity. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address The FTSE fell by 10.8%. The next day, it fell a further 12.2%. In a rocky few days, investors saw a quarter of their net worth simply vanish. And the falls were even steeper elsewhere: on Wall Street, for instance, the Dow Jones Industrial Average closed down 22% on October 19. Stock market routs in Hong Kong and Australia saw more than 40% falls, and in New Zealand, over 60%. Black Monday? I don’t think so. Sure, the stock market rout of last Monday was dramatic. The FTSE opened 8.7% down, and closed 7.7% down. That’s obviously dramatic. Image source: Getty Images. But 1987 and 2007-2008 were largely financial crashes, albeit ones with complex factors at work. What’s happening right now is different. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Monday’s stock market rout could get worse I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. 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Georgia will likely experience a warmer-than-normal and drier-than-normal winter and early spring. Heating demand for this winter should be much less than last winter. Unfortunately, recharge of soil moisture, groundwater, streams and reservoirs will probably also be less than normal. Climatological winter begins Dec. 1. Climatological spring begins March 1.El Niño-Southern Oscillation, or ENSO, ocean-atmosphere patterns have a major impact on Georgia’s winter and spring climate. ENSO has three modes of variation. Best known is the El Niño, which typically brings Georgia a cold and wet winter and early spring. Last winter’s and early spring’s climate was typical of an El Niño pattern with cold and wet conditions. The other two modes are La Niña and neutral.This year the climate pattern is La Niña. With a La Niña pattern, south Georgia has a high probability of experiencing a winter and early spring with above-normal temperatures and below-normal rain. Across north Georgia, the expected winter and early spring conditions depend on the strength of the La Niña pattern. A strong La Niña pattern increases the likelihood that north Georgia will have a warmer-than-normal and drier-than-normal winter and early spring. A weak La Niña pattern typically means that north Georgia will be wetter than normal during the winter and early spring.Currently, the La Niña pattern is very strong. There is a high probability that all of Georgia will experience a warmer-than-normal and drier-than-normal winter and early spring.Though Georgians can expect a warmer and drier cool season, it doesn’t mean there will not be periods of cold, wet weather. It is winter, and the state will have some cold, wet weather. The winter and early spring weather outlook is based on the most likely outcome. There is still a chance the winter could average colder than normal and/or wetter than normal. However, these are relatively low probabilities. Up-to-date information on dry conditions across Georgia can be found at www.georgiadrought.org. Updated weather conditions can be found at www.georgiaweather.net. read more