It's the first quarterly economic contraction since 2014 and the biggest since 2008.
JPMorgan's Dimon said “you could see a fairly rapid recovery” but cautioned that the Fed “can’t prop up the stock market forever.”
History suggests deflation is unavoidable in the near term, regardless of central banks’ attempts to forestall it. Some companies will falter, but others are positioned to survive or even thrive.
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