Whitepaper - March 2020

Comparing Two Financial Crises: Insights the GFC Offers Us Today

This paper explores the similarities between the current COVID-19 crisis and the early stages of the global financial crisis (GFC) in an effort to identify sensible investment strategies for the next few weeks. Since some stocks experienced strong reversals during the GFC, we suggest that may occur now. In addition, factor strategies that outperformed during the GFC may also do well now.

Authors

Anthony A. Renshaw, PhD