The financial markets shifted into bear territory weeks ago, seeing the worst stock losses since the Great Depression. It’s clear now that the coronavirus pandemic has pushed us into recession; the unanswered question is, how long will it be? For now, though, we have a record to ponder: this has been the worst first quarter for US stocks since record keeping began.Last week, however, the major indexes have showed some gains. Investors are uncertain if this marks a true turnaround, or just a short-lived rally in a larger bear market. The consensus seems to be toward the latter. Jeffrey Solomon, …read more
Source:: Yahoo Finance
