“Our indicators tell us, we’re very close to a Lehman-like drawdown,” argues Larry McDonald, a former strategist at Société Générale who now runs The Bear Traps report.

Dow Plunges 1,000 Points on Fears, 3.5% Drop Is Worst in Two Years

Global markets slid, bond yields plunged and gold prices rose.

If the Covid-19 Isn’t Contained, a Severe Global Recession Almost Certain

The coronavirus epidemic is going to have a much bigger impact on the global economy than stock-market investors and policy makers had assumed.

Buffett Is Bullish on Stocks but Says the Market Can Drop 50%

Amid a 10-year-plus bull market, many investors can’t come to terms with the idea that there could be a substantial decline in the stock market.