I'd argue that the market was really slow to crash in the first place. It was obvious for at least a month that the pandemic would have a massive impact on the

I'd argue that the market was really slow to crash in the first place. It was obvious for at least a month that the pandemic would have a massive impact on the economy due to China shutting down and the near certainty that it would spread all over the rest of the world and cause massive economic damage and loss of life. Yet the market kept on trucking until it finally crashed. If it had really priced in all that information, it would have crashed way sooner.