that the coronavirus market sell-off will worsen again in April, with the market bottoming lower than it did during the worst of the sell-offs in March.The market’s sharpest declines on Wednesday were in utilities and real estate stocks—both sectors dropped over 6%, with banks not far behind. The consumer staples sector held up the best, only dropping 1.8%.The Dow and S&P 500 fell 1.8% and 1.6%, respectively, on Tuesday—closing out their worst first quarters performances ever.
“economic data, earnings, and stimulus announcements are all subordinate to science... stocks care much, much more about transmission trends and treatment efficacy.”
skleb1234 Omg
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