Worst-Case Dread Is Back in Stock Market After Powell Falls Flat
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference in Washington, D.C., U.S., on Tuesday, March 3, 2020. (Photographer: Andrew Harrer/Bloomberg)

Worst-Case Dread Is Back in Stock Market After Powell Falls Flat

(Bloomberg) -- They bought the rumor, sold the news, and now investors are back to their real obsession: imagining what a recession looks like in equities. It’s not a pretty picture.
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