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Here's Why We're Headed for a Stock Market Crash


Nobody knows precisely how the coronavirus pandemic will impact the U.S. economy -- neither over the next few months nor over the longer term. What we do know is that the number of daily new COVID-19 diagnoses in the country continues to rise, and is now close to twice what it was at its first U.S. peak in late April.

In response, some states are reinstating their lockdowns while others are halfheartedly asking people to wear masks and social distance in hopes of containing the virus.

It's every state for itself -- and that creates a whole lot of uncertainty for businesses. National restaurant chains, for example, face varying rules in each market, which can make it more difficult to operate. Companies in the travel, entertainment, and retail sectors, among many others, face similar problems. 

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Source Fool.com


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