Pandemics and the Stock Market

“Ebola Drug Race Ramps Up in Earnest”; “U.S. Ebola Response Slammed”; Upbeat Tone on Ebola Threat Questioned”. These are just a few of the headlines in recent Wall Street Journal articles covering the Ebola situation. The stock market, which was already on edge, got edgier as each article was digested. Volatility increased to levels not seen in a few years. We’ve had the Hong Kong Flu, Swine Flu, Bird Flu, Russian Flu and countless other episodes since World War II alone. I distinctly remember the SARS virus of 2003 and...
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