The coronavirus pandemic has forced economic shutdowns around the world, as nations and governments try to cope with the ill and prevent or slow the further spread of the disease. Stock markets have crashed in recent weeks; the Dow Jones is down 32% from its most recent peak, and the S&P 500 has lost 29%. With the advent of a true bear market cycle, economists are growing more certain in their warnings of a recession this year.But despite the near-certainty that an epidemic-related recession is on the way (or already here), there is considerable doubt that it will be long-lasting …read more
Source:: Yahoo Finance