Markets

Coronavirus catapulting US into deepest recession since WW2

The full extent of the economic damage caused by the pandemic remains unknown, but Wall Street expects the fallout to be severe as a dismal jobs report did not include the roughly 10 million Americans who filed for first-time unemployment benefits over the past two weeks.

Can investors remain optimistic about the stock market?

Morgan Stanley emerging markets head Ruchir Sharma discusses if people can be optimistic about the market and says purchasing corporate bonds helps in the short-term, but consumers and big banks will be reluctant to do so in the future.