A 2008 financial crisis stat for investors afraid of this market

For many investors, the financial crisis of 2008 and the economic shutdown caused by the coronavirus are the only two bear markets they have experienced in their lives. Where are we now compared to 2008? Here is one way to look at that question and try to help understand why, even as the S&P 500 and Dow Jones Industrial Average have surged back with gains equal to a new bull market since the March 23 low, many investors remain skeptical. The S&P and Dow were up double-digits, percentage-wise, this week alone.

Study shows New York’s outbreak came from Europe and other parts of the United States

The study, led by researchers at Icahn School of Medicine at Mount Sinai (ISMMS), traced the cases in the city and found that there is limited evidence supporting that the virus was introduced there from China, which was under the United States’ early travel restrictions in February, according to a release from Mount Sinai.