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The bottom is close and coronavirus is likely to cause sharp, short recession, BCA Research says


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The bottom is close and coronavirus is likely to cause sharp, short recession, BCA Research says

GP: Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 16, 2020 at Wall Street in New York City.Johannes Eisele | AFP | Getty ImagesThe stock market sell-off has gotten so out of control that a bottom should be on the horizon, a strategist at BCA Research thinks. Especially…

The bottom is close and coronavirus is likely to cause sharp, short recession, BCA Research says

GP: Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 16, 2020 at Wall Street in New York City.

Johannes Eisele | AFP | Getty Images

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The stock market sell-off has gotten so out of control that a bottom should be on the horizon, a strategist at BCA Research thinks. Especially considering it is likely to cause a “V-shaped” economic growth pattern, the firm added.

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