2 Wall Street firms lay out scenarios for a coronavirus-fueled recession — including how far stocks will ultimately plunge

Business Insider

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· As the coronavirus outbreak's economic impact starts to come into focus, Goldman Sachs and Morgan Stanley are telling investors what might happen if the epidemic causes a recession.
· David Kostin of Goldman Sachs says the S&P 500 could enter a bear market — its first in almost 12 years — and end the year at 2,450.
·...

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