The terms bull market and bear market are used to broadly describe market momentum as either positive or negative. Undeniably, the markets are currently facing negative momentum initiated by the spread of a disease called COVID-19. Beginning in February, the markets have been reacting to the unfolding news of the escalating impact that this disease will have on our global economy.
During this economic storm, getting a clear view through the windshield to see what lies immediately ahead is difficult. While there are real challenges that we face that are unique to our current circumstance, history can provide us with a perspective that will help us understand the nuances of our impending headwinds.
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