The week of February 12, the Dow Jones Industrial Average was reaching new all time highs. Meanwhile, China’s quarantine of the 11 million people in Wuhan was three weeks old and expanding to other parts of the country.
While the global equities markets have finally started to catch up to the fear of a global pandemic, the Coronavirus has been one a profound case study in the power of narratives to shape behavior. Even now, those seeking to contain the spread in the US are fighting against narratives from leadership that range from “it’s just the flu” to “it’s a hoax from the media.”
On today’s episode of The Breakdown, NLW speaks with Epsilon Theory co-founder and market theorist Ben Hunt, who makes it his business to understand how narratives are shape and shaped by the world around us.
Since the beginning of the Coronavirus outbreak, Ben has been a clarion voice in the chaos. This episode is no exception.