March 19, 2020

U.S. Corporate Losses Will Hit $4 Trillion

"What’s happening with the coronavirus pandemic has not happened in our lifetimes before. What we have is a crisis. U.S. corporate losses from the coronavirus will hit $4 trillion."

 -  Ray Dalio, Bridgewater Associates

Related trading instruments: SPDR S&P 500 Trust ETF (SPY)