In March this year, US stocks 10 blew for the fourth time in a day, and five blows in a month witnessed the occurrence of history. The plunge of US stocks into the abyss has also brought recession to the world economy, among which crude oil has suffered the most. U.S. stocks only blew once before,1On June 27th, 1997, the Dow Jones Industrial Average plunged 7. 18%. However, in March this year, the US stock market crashed three times on March 9, March 12 and March 16 respectively. In these three days, the Dow Jones index fell by 7.8%, 10.0% and 12.9%, respectively, and it fell even harder every time. Even if Trump asked the Fed to take action, he tried his best to throw money, and the stock market rebounded in less than a day and then went into the abyss. In half a month, the US stock market evaporated 100 trillion. The world economy and the stock market have also been seriously affected.

As the panic in the financial market caused by the COVID-19 epidemic has not been effectively alleviated, the three major stock indexes in new york stock market opened sharply lower in early trading, and the decline widened in the afternoon, which triggered the fuse mechanism again. In the afternoon, the Dow Jones Industrial Average and the Standard & Poor's 500 Index plunged 7.82% and 7.0 1% respectively, which triggered the fuse mechanism and the market was suspended for 15 minutes. March 18, even Warren Buffett said, I haven't seen anything like this since I was 89 years old. Long time no see! Since the outbreak of the American epidemic in March, except the global stock market, the market volatility has obviously started to be abnormal. Under the interweaving influence of several black swan events, the global stock market and commodities have ushered in a rare earthquake in history. Many economists, fund managers and wealthy businessmen are exclaiming that the edge of the economic crisis may really come! In fact, the collapse of US stocks was predicted at the end of last year. Many politicians and securities companies in the United States sold their stocks before they fell.

In March, the U.S. stock market plunged continuously and was blown five times. The economy has indeed improved a lot since Trump took office and has been showing off. However, this time Trump had to bow his head and admit that the US economy may fall into recession. When talking about the economy with American experts, they have different attitudes. According to the most optimistic expectation, the US economy may bottom out later this year. Senior research experts at the Brookings Institution believe that the American economy will experience a V-shaped rebound in the third quarter after experiencing a deep contraction in the second quarter. Sam Brad, a senior economist at Wells Fargo, believes that the US economy will experience a deep but short-term recession in the second and third quarters, and will gradually pick up before the end of this year. Some experts also believe that it is not impossible for the US stock market to plummet, which may lead to a global economic recession.