Stocks to Buy for the Coronavirus Depression — Market Mad House
Investors and everybody else need to be afraid because America is in a depression because of coronavirus.
America’s gross domestic product (GDP) collapsed in 2nd Quarter 2020 wiping out five years of economic growth, The New York Times observes. In detail, US GDP fell by 32.9% in the second quarter, Newsweek reports.
“For the first time in seven decades the U.S. economy contracted by double digits,” Josh Lipsky tells Newsweek. “The American economy has never had to climb out of such a deep hole…