Global growth could follow a U-shaped path over the next few quarters, though substantial uncertainty remains as policymakers grapple with the impact of the coronavirus.
While markets remain smartly higher under Trump, with the S&P 500 up 35% since Election Day in 2016, the declines of the last week have cut the return under his presidency by more than a third.
The coronavirus gets all the blame for the market implosion, but about two-thirds of these 19 bear market warning signs compiled by Bank of America were already flashing red. Does that mean the market’s immune system is compromised?