Fears that the deadly coronavirus would spread further around the globe intensified last Monday, leading to the biggest one-day drop in the S&P 500 Index since October 8, 2019. In fact, it was the first time the index moved 1% in either direction since early October—spanning 71 trading days.
This week, Brian discusses past market reactions to outbreaks similar to the corona virus, as well as he believes the real story is here is actually just how calm the markets have been leading up to this point.
Chart - 71 Days In a Row Without a 1% Change for the S&P 500 Index: https://i2.wp.com/lplresearch.com/wp-content/uploads/2020/01/71-days-in-a-row-without-a-1-change-for-the-SP500-index.png?ssl=1
Music:
Cold Funk - Funkorama by Kevin MacLeod is licensed under a Creative Commons Attribution licence (https://creativecommons.org/licenses/by/4.0/)
Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100499
Artist: http://incompetech.com/
Tracking ID: 1-944102
