The past few weeks may have felt like a market apocalypse, but the lesson of past downturns is that this could get a whole lot worse. Think about the fall in terms of the number of years of gains given back, and this would be the briefest period of loss of any recession since the 1960s. This bear market is already deep and was quick to take hold, but hasn’t gone on for long. A recession now looks inevitable.

Source: Wall Street Journal March 17, 2020 10:52 UTC