Da̧browski, Piotr - In: Risks : open access journal 10 (2022) 1, pp. 1-12
The breakdown of stock indices is an obvious part of the financial market cycle. A common question about a bear market is the time and the depth of the downtrend, as well as the speed of the following recovery. As the COVID-19 pandemic spread globally, it induced huge price drops in a very short...