In 1918, a global pandemic killed 5% of the world's population.
18 months later, the Roaring 20's began.
It seems inconceivable now but that's actually what happened.
350
300
Dow Rises 500%
World War (1914-1918)
200 Spanish Flu Pandemic
(1918-1919)
The Depression of 1920-1924
(1920-1921)
100
50 Post Recession
Stock Market Closes (1918-1919)
In 1918, a global pandemic killed 5% of the world's population. 18 months later, the Roaring 20's began. It seems inconceivable now but that's actually what happened. 350 300 Dow Rises 500% World War (1914-1918) 200 Spanish Flu Pandemic (1918-1919) The Depression of 1920-1924 (1920-1921) 100 50 Post Recession Stock Market Closes (1918-1919)