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Crisis/LiquidationDay 3-7 of 33-day crisis

COVID Crash Week

March 16-20, 2020

Interactive walkthrough of the most volatile week in modern market history.

What Happened

Circuit breakers triggered - worst day since 1987

Fed Action

Emergency rate cut to 0-0.25%, $700B QE announced (March 15)

S&P 500

2,386

-11.98%
VIX

82.69

+43.20%
HY Spreads

1087 bp

Extreme stress

Session

Monday

Mar 16, 2020

What VantMacro Would Have Shown

Regime

Crisis/Liquidation

Confidence: 94%

Most Likely Next

Post-Shock Recovery

Probability: 88.5%

Historical Duration

Median: 4 days

Based on 26 occurrences

Compare to 427 Historical Transitions

See how this crisis compares to every regime transition since 2003. Get full asset performance data and historical context.

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Full regime history (2003-present)
Asset performance by regime
Transition probability models

This case study uses historical data for educational purposes. Past performance does not guarantee future results. The regime classifications shown are based on VantMacro's empirical framework applied retrospectively.