With the current global marketpanic over Corona, let's a walk down memmory lane......

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Rahm Emanuel: "You never want a serious crisis to go to waste. And what I mean by that is an opportunity to do things you think you could not do before."

Yes, why let a good crisis go to waste. Why not take a megaphone to a nothing burger and turn it into global panic?

On April 30th the DOW Jones was at 8,168. By August it was at 9,496. By October 23rd, the day before Obama declared a health emergency, it had hit 9,972. By December 14th the market peaked at 10,501.

Why didn't the market tank like this one has over a disease that has infected far fewer and killed far less? Why wasn't there mass panic? What was different? Obama?
 
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