The coronavirus has truly revealed some of the darkest secrets of this world. From racial discrimination, underlying international trade concerns, political tensions on ongoing stock market questions.
For over 3 years there has been talk about when the United States would fall into a recession. These questions have been raised following previous trends of the stock markets’ performance.
Now, will this coronavirus be the one to put the US economy to a recession?

In just one week we have seen the markets freeze TWICE!!

What does this mean?
This is when trading is stopped temporarily to prevent the markets from crashing. In this case, on Monday the index fell 7 percent.
Many people were selling their securities (stocks) as there was too much uncertainly, adding to the value of the stocks falling.

Why?
On Monday, 9 March 2020, the markets had the steepest fall since 2008
The oil markets crashed after OPEC (Organization of Petroleum Exporting Countries) and Russia failed to come to a consensus on how to raise the oil price
Increased uncertainty over the coronavirus

The stock markets had been raving for over 11 years, overcoming slips that threatened a crisis, and the US economy has managed to overcome the recession talk for several years now. However, with elections approaching what drastic measures will be made for the people, and possibly to secure the presidential seat. The coronavirus simply stirrup up existing underlying issues.