In 1917 the Spanish Flu swept across the world and struck down the stock market. Currently the market is following similar trends due to the coronavirus. During the Spanish Flu, the market dropped the worst during October, but by December the worst was over. This is not a guarantee for current events, but it can provide some hope that the stocks will bounce back. We also have modern medicine and technology to help combat the severity of the coronavirus, meaning overcoming the virus shouldn’t be a major concern. Experts say there is still a chance of dropping lower than the current sittings but that it is unlikely that the market will go much lower.
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July 14, 2020