It’s the same set of crashes, just that on the previous post the US and UK were on separate charts. The criterion for a crash is in footnote 1, viz. a real total return fall of 20% or more in 8 weeks or less.
I don’t know the specific reasons for the US recovery being unusually fast (I’m not an economist alas).
It’s the same set of crashes, just that on the previous post the US and UK were on separate charts. The criterion for a crash is in footnote 1, viz. a real total return fall of 20% or more in 8 weeks or less.
I don’t know the specific reasons for the US recovery being unusually fast (I’m not an economist alas).