The Awkward Relationship Between Markets and the Economy
In March 2020, COVID-19 began to ravage the United States, putting the nation into lockdown and skyrocketing unemployment.
Entering a bear market for the first time in 11 years, stocks plummeted by , a substantial drop from its record in February. But while the stock market and the economy were both declining, troubles for the markets were short-lived. The spanning from Feb. 19 to March 23, soon rebounded. In fact, in the 50 days following its March 23 low.
