We have recently seen the longest-running bull market in U.S. history get pushed into a bear market because of the global pandemic, COVID-19. From its peak in mid-February, the S&P 500 has fallen almost 30%.
Black Swan Events – unexpected events, with major effects and consequences – have occurred throughout history. The Markets in a Minute chart from New York Life Investments, diagrams the sell-off size, and recovery time frame, of some of these events.
Shared from Advisor Visual Capitalist
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Author: Michael Mercurio, Esq.
Articles have been Reprinted with permission from the charlotte observer and Mike Hunter.
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