Coronavirus Could Bring a Recession: What Investors Can Learn From Past Recessions
Coronavirus fears have hit the stock market hard, and they're also having a dramatic impact on the U.S. economy. The airline and cruise ship industries have already come to a near-standstill as would-be travelers wait to see if travel restrictions come to the U.S., and the outbreak likely played a role in the dispute between Russia and Saudi Arabia that led to the collapse in oil prices earlier this week. With the federal government now looking at potential fiscal stimulus measures, concern about a possible recession has reached a fever pitch.
Investors haven't dealt with an outbreak like COVID-19 before, but there have been plenty of past recessions. History has some important lessons for investors who've never gone through a recession before, and even experienced investors can benefit from reminders about how past economic contractions have gone.
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Source Fool.com
