[NEW YORK] The Dow finished sharply lower Tuesday as it suffered its worst quarterly loss since 1987 amid a broader market rout over the coronavirus outbreak. Read more at The Business Times.
Public health experts say there are signs the restrictions are beginning to limit the growth of the outbreak in some places, but the shutdowns are now widely expected to push the US economy into a recession.
However, the survey is probably too optimistic since the cutoff date for survey responses was March 18, before many of the most severe restrictions were employed across the country. For confidence to return,"the end of the pandemic needs to be in sight. How long it will take to get to that point is anyone's guess."
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