Did the Pandemic Permanently Change the Stock Market?

Nearly five years ago, the COVID-19 pandemic reshaped the world in ways few could have imagined. 

 

Lockdowns, economic turmoil, and unprecedented government interventions sent shockwaves through financial markets, forcing investors and policymakers to navigate one of the most volatile economic periods in modern history.

 

But what if the pandemic’s economic impact is far from over? What if its shadow lasts for decades, just as we’ve seen with past pandemics?

 

In this MoneyShow MoneyMasters Podcast episode, David Kotok, Co-Founder and Chief Investment Officer of Cumberland Advisors, joins us to discuss his latest book, The Fed and the Flu. In this fascinating conversation, he unpacks how pandemics and economic shocks have reshaped markets, interest rates, and central bank policy over centuries — and what investors can expect moving forward.

 

Drawing from 3,800 years of history, Kotok reveals the hidden patterns of pandemics, the long-term market shifts they create, and why investors who ignore these cycles do so at their own peril.

 

CHAPTERS:

 

00:00 – Introduction

01:12 – The Market Crash That Never Came

03:05 – The Long Shadow of COVID on the Economy

05:21 – The Wealth Gap Grew

07:32 – The AI Boom

09:45 – Interest Rates & Inflation

11:52 – Are Stocks Still Overvalued? 

13:28 – The Future of Investing

15:12 – Will History Repeat Itself?

If you enjoyed this discussion, grab David Kotok’s new book, The Fed and the Flu, available now on Amazon, Barnes & Noble, and at major booksellers!

 

📅 Join us at the MoneyShow Masters Symposium Dallas! Register now: https://www.mmsdallas.com/?scode=061246

 

Podcast: https://open.spotify.com/show/1lNJp1Wo2DI8hkZe7I4gY2 

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