“It’s the length of time of this thing that worries me more than anything...It would be better if it was just really really bad for one month and then go away.”
I know, we’re talking over a year if 1919 holds, and that is about all we have to go on. Even 10k for the Dow if this drags out for a year or more is optimistic.
Looks like we’ll be referring to 2018 as the good old days.
If your investment horizon is longer it’s interesting to note the Roaring 20s came after the smoke cleared from the 1918 Pandemic, as folks consumed with a vengeance after being held back for so long.
The same will eventually happen.