While countries are taking different approaches in combating the rapid spread of the coronavirus, the disruption is everywhere, and is permeating almost all aspects of daily lives. The markets have plunged alarmingly, with businesses and industries reeling from the fallout. This, naturally, begs the question: Is a recession on the way?While the circumstances are entirely different from the previous recession – in 2008, the recession was brought on by a banking and housing crisis, as opposed to today’s unforeseen coronavirus pandemic – the results could ultimately have the same impact on the economy.With this in mind, RBC’s Mark Mahaney has …read more
Source:: Yahoo Finance
