Panic selling hasn’t even happened yet. This is first test of people who forgot the lessons of 2008-2009. https://twitter.com/JesseKellyDC/status/1237042945347510273 …
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The diff between ordinary financial crisis & pandemic-induced crisis is that in the pandemic, traders, analysts, pundits, & politicians won't want to go anywhere physically near the likely contagion hotspots in Manhattan and DC. Hard to factor that into your fat tail risk models.
