stock market in spanish flu
Spanish Flu The flu killed about 40 million people or 2 of the worlds population between 1918 and 1920. Spanish Flu and the Stock Market - How Can We Use the Data Today.
Epidemics Economic Growth And Stock Market Performance A Historical Perspective Seeking Alpha
In the US about 550000 died of the flu or half a percent.
. Although the US was at war and the flu continued to spread around the world the DJIA increased by a. The figure below shows the performance of the stock market and the equity styles for the period from the stock market peak during World War I and the Spanish flu period November 1916 to. Looking back at 1918 the economy took years to.
The stock market had a rough year in 1917 mostly due to World War I and was recovering in early 1918. Many zeroed in on the 1918-20 Spanish flu pandemic. While Covid-19 is unlikely to reach.
The Spanish Flus impact on the stock market was small. However the impact of the Spanish Flu on the stock market was minimal. This paper focuses on the stock market effects of the Spanish Flu using higher frequency monthly data rather than the annual series employed by Barro Ursua and Weng 2020.
Deaths stemming from the Spanish Flu are typically assessed in terms of excess deaths meaning deaths above the norm from the pre-epidemic years cf. Stock markets all over the globe actually boomed during the Spanish flu because the economy remained open and uninhibited. In the period before February 24 2020 contemporary journalistic accounts attributed not a single daily stock.
Millions of people around the world were infected and millions died. As World War I claimed thousands of lives daily. Spanish Flu and the Stock Market - How Can We Use the Data Today.
The Spanish flu also known as the 1918 flu pandemic was an unusually deadly influenza pandemic caused by the H1N1 influenza A virusLasting from February 1918 to April. The last pandemic that devastated the globe is The Spanish Flu of 1919. The difference is that we have better medicine methods and experience to mitigate the outcome relative to what they had available in 1917-1918.
On the surface it bore many similarities to the Covid-19 emergency involving a lethal virus with fast-spreading global. During this period of economic disruption and incredible volatility. So while the worst was ahead.
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