Fri, 2 Oct - Deal Elusive, page-131

Here's an interesting thought....


The day Boris Johnson came down with Covid, (Friday March 27), the UK market fell from over 5800 to around 5400. That's a good 7% down day.

I will concede that Volatility was quite a bit higher back then...


But even if we chopped it in half..........


3.5% down tonight in US, (or more!) would be completely reasonable I'd say...

For more perspective, that same day, the US only fell 4%

Anyways, we will see.. Who knows as usual...