Since the coronavirus pandemic began pulling the U.S. economy into a contraction, economists have tried to answer one big question: What kind of shape will the recovery take? Many investors say the stock market’s trajectory suggests this year’s slump will be V-shaped—a best-case-scenario that reflects a sharp slowdown and then a quick economic recovery. The S&P 500 dropped as much as 34% between Feb. 19 and March 23 but has rebounded sharply since then, rising more than 26%.

Source: Wall Street Journal May 13, 2020 20:00 UTC