Tag - 000 DOW

black swan swimming, sheaff brock assesses the post-pandemic market

On the Tail of a Black Swan, Market Trends to “Normal”

As far as black swan events go, the COVID-19 pandemic would certainly qualify for the title. Back in a 2007 book, finance professor Nassim Nicolas Taleb used the phrase “black swans” to describe very rare and impactful events that could not have been predicted. In terms of the stock market, Taleb characterized the 2008 financial crisis as a black swan event. While many consider the 2020 pandemic to be a second example of a black swan event, Taleb believes the [...]