Lessons from the Financial History of Pandemics, feat. Jamie Catherwood

<p><span style="font-weight: 400;">Jamie Catherwood works at O’Shaughnessy Asset Management, a quantitative long-equity investment firm. More importantly, however, he is the finance history guy on Twitter. His “Financial History: Sunday Reads” curation pieces and longer form articles on his site Investor Amnesia have become required reading for anyone who wants the historical context for current financial issues. </span></p> <p><span style="font-weight: 400;">On this episode of The Breakdown, Jamie and NLW discuss:</span></p> <ul> <li style="font-weight: 400;"><span style= "font-weight: 400;">Financial lessons from previous pandemics, including the 14th century bubonic plague; an 1892 Cholera outbreak in Hamburg, Germany; and, of course, 1918 </span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Strange parallels between 1918’s Spanish flu and the currentcCoronavirus crisis, including an increase in the price of oranges </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">The concept of “Minsky Moments, a key inflection point in bubbles where over-exuberant markets become unwound extremely quickly </span></li> </ul>