Interestingly if you look back in history the most similar pattern can be found in 1919. When the flu pandemic hit the stock market crashed by 50%. Ok some might suggest the flu pandemic of 1919 was different, was it ?
The 1919 flu pandemic
The 1919 flu pandemic
Acting quickly, in late January, the NSW government ordered “everyone shall wear a mask,” while all libraries, schools, churches, theatres, public halls, and places of indoor public entertainment in metropolitan Sydney were told to close.
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