Back to school season – What should we say to a friend just out of an 8-month coma?

What should we say to a friend just out of an 8-month coma? In summary: there has been a pandemic of outstanding magnitude (and it’s not over yet), but most equity indices are not, to this point, below their December 2019 level or are sometimes even above that level. When we look more closely, we notice that 2020’s rebund has been 10 times faster than during former crashes !

By Thomas HACHETTE, published in Option Finance – 11 September 2020

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