Link of the day: Seeing the Smoke
About one to two weeks before the stock market crashed, people I follow on Twitter discussed how a looming pandemic should affect the stock markets and where wondering why it didn’t react at all. I was wondering the same, thinking about whether to tell my mum to sell her stocks. In the end we sold some of them, but quite a bit too late and also probably too few. I still have the feeling markets have not updated enough and people I know are not really mentally preparing for the chances of a pandemic. Seeing the Smoke gives an interesting perspective on this