The markets are volatile because they don’t know how to price this level of uncertainty. Companies continue to innovate and conduct business around the world. Nothing has changed. Imagine a worldwide flu that last twice as long and kills 10-20 times as many people.
Except it can be stopped. It just requires an intense painful large scale stoppage of your lifestyle for 2-4 weeks. The hit to the economy will be temporary but intense.
On the bright side, pollution and global warming will be most affected as their will be less of both.
Expect shortages of some things manufactured in China but it should not affect you but temporarily. The biggest hit will be felt by a local small business. If you want it to survive plan to go out to eat and shop local as soon as the social distancing period ends. Order a Gift Card either to use for yourself or on a friend.
The easiest way for you to help is to spend as much time at home. Work from home. Work on home projects. Spend time with the family at home. Catch up on your sleep at home. Catch up on your laundry, and the long list of things you have put off like your taxes.
Overall don’t panic. Use the time to eat healthy, get healthy, and focus on strengthening your family bonds and staying in touch with your friends and family but from a distance. We don’t want to spread the virus.