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Wall Street Journal (September 7)

2020/ 09/ 08 by jd in Global News

“The stock market barely faltered in the 1918-20 pandemic,” but history is not repeating itself. The similarities are misleading. “Yes, the markets have bounced back, just as they traded higher in the months after the pandemic’s start 100 years ago. But a careful analysis of the two periods shows that economic uncertainty has been far higher during the current pandemic than it ever was then.”

 

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