Are you worried about how coronavirus might impact the market or your financial plan? Let’s look at several past epidemics to see what the market has done historically.
Read more about the topic and get additional resources: https://thefinancialanswer.com/podcasts/coronavirus-what-pandemics-often-do-to-the-market/
Today's show rundown:
1:25 - All pandemics affect the market.
3:19 - Coronavirus is definitely having an impact on the world right now.
5:00 - SARS caused a drop in the market, but it was back within a few months.
7:09 - Ebola affected the market for about eight months.
11:43 - Swine flu caused a dip on top of the market downturn we were already experiencing in 2009.
13:02 - DOW Jones market data shows that things rebound within six months.
15:20 - The Spanish flu killed millions in 1918, but the market only declined 10 percent.
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