Experts see recession, 26% drop for stock market amid coronavirus panic

Despite earning praise from Trump, who said it made him “very happy” and that “people in the market should be very thrilled,” the Federal Reserves’s rate cut was followed by more bloodletting in Asian and European markets overnight Monday, as coronavirus panic continued to grip markets.
Read more here: https://www.axios.com/stock-market-coronavirus-recession-federal-reserve-d00acf48-0ff8-47a9-bbd1-9b9003afe860.html