I was talking about the impact of Hurricane Covid on the asset markets, not on human beings.
The markets are influenced by humans, and my examples showed how humans can be buffaloed.
Compare the steepness of decline and recovery in 74 and 82, with the sharpness of the “everything is better than expected” V bottom in 2008, and, especially, the “hydroxychlorquine will save us” V bottom in 2020.
https://www.macrotrends.net/1319/dow-jones-100-year-historic…
Steve