Revisiting Covid Lows
On the 6th anniversary of Covid
23rd March 2020 marked the lowest point of the market during the Covid crisis. This was the market situation on that day.
When we position the current correction in context of the past 10 years (2016-2026), we realize how deep the drawdown of March 2020 was in relation to the current fall of the market in the past one year.
One cannot help but notice the sharp rebound in select stocks from their COVID-era lows. The lesson remains the same: buy amid market mayhem—and reap the rewards later.
A more detailed anatomy of the 2020 Covid crash is available here.
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