February 2020. S&P 500 is at all-time highs, unemployment is 3.5%, and the economy is booming. But a novel coronavirus is spreading. Over the next 34 days, markets will lose 34% — then recover almost everything in 3 months. Can you hold through the fear, or will you panic at the worst possible moment?
S&P 500 closes at all-time high. Economy is roaring — unemployment at 3.5%, consumer confidence near record highs.