1.How The Market Survived the Spanish Flu?
Sell-off lasted 6 months and took DOW 34% lower (-40% from highs set some months before the flu), stocks rallied 25% in less than 2 months following the trough. It took 18 months to erase the flu sell-off.
The corona cycle likely will be faster and swifter because there was not electronics, twitter or texting back then!
Zach Goldberg
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