Sinking U.S. economy hasn’t hit bottom yet

The coronavirus capsized what had been the longest expansion in U.S. history. Now the wait is on to see how far the economy sinks before it finds bottom. A few dimly hopeful signs emerged last week as a pair of reports showed consumer confidence stabilizing toward the end of the April, largely on the flickering hope that the economy will start to rebound during the summer. Another poll found that Americans think four of five jobs lost due the coronavirus will return.
Read more: https://www.marketwatch.com/story/sinking-us-economy-hasnt-hit-bottom-yet-2020-04-25?source=Snapzu