Our memories often confuse us and leave us in a place of being more fearful than we should be. Each movie is unique, just as each bear market is unique, but in the end, most of them follow similar formulas.
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From an economic perspective, the Coronavirus pandemic is both a demand-shock and a supply-shock. So, as opposed to a significant hurricane or blizzard or even the 9/11 terrorist attack, this exogenous event may not simply push back economic activity, but rather may actually destroy it.
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