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Response to gab13by13 (Original post)

Fri Apr 17, 2020, 12:59 PM

10. It took the market a year to fully bottom out from the start of the 2008 financial crisis

Bear Stearns went under in March 2008 and the markets were okay throughout the year. It dropped sharply after Lehman, but it did not bottom out until March 2009.

IOW, it takes the markets a while to fully gather the data and completely account for all of the negative cascading events from a catastrophe.

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gab13by13 Apr 2020 OP
uponit7771 Apr 2020 #1
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