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comment by _refugee_
_refugee_  ·  1733 days ago  ·  link  ·    ·  parent  ·  post: You’re Likely to Get the Coronavirus

So — not sure if this is the right place for this question but it’s the most relevant link I see on my home feed - corona is driving NASDAQ and presumably other markets to drop.

It’s fashionable or at least a publishable tactic to predict a recession whenever there hasn’t been one in the past year. In other words, everyone’s been saying for a long time the market’s going to tank. What’s great about those dire predictions is that yup! At some point they will come true! (The issue is obviously more of accuracy as to when.)

I’m just wondering if anyone thinks an event like this, inciting an initial level of market uncertainty, could become a catalyst for a bigger market downturn of doom and gloom proportions? Like assuming other factors are unstable as well (hey, Iraq/Iran!).

Also I’m a total layperson about stock market so I might be totally off with this. Just be nice about it if I am, k?





user-inactivated  ·  1733 days ago  ·  link  ·  

Marketwatch wrote an article about a month back. That's data for recent history. You could also look at what happened in 1918 with the great Flu Epidemic. But the world, and the markets, were very different back then, so while it's interesting, it's probably not a good model to look at for today's market.