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Stock prices fell further last week for decades more than decimated many retirement savings and 401ks. While many experts have long predicted that a market correction was imminent, the current public health crisis provoked by thecoronavirus pandemic Has had a huge impact on the stock market, which will probably not end soon.

To appreciate, in the way the peak clues decreased in recent weeks, such as the Dow Jones and S & P 500, we must first appreciate the remarkable and historical management of the investment community.

March 9 marked the 11th anniversary of the longer job market in history, asInternal business community Explain:

Inventories increased above since the low financial crisis on March 9, 2009. The bull market of shares became officially as long as long as August 2018 and continued to win since. A bull market is defined as an increase of 20% on a closing basis that is never interrupted by a subsequent decline of 20%.

The S & P 500 has gained 339% over the 11-year period near Friday and boasted an annualized return of 15.3% until 2019. While markets are moving in a number of events , four main drivers of the newest bull rally - strong corporate profits, share buyback, easy monetary policy and solid participation.

It was last week, however. Since this report just eight days ago, things have fallen precipitated because of the coronavirus pandemic.

Let's start for the first time to the speed with which things have changed, from a bull market to a bear market.

During the last week, and for the first time, the S & P 500 index fell 11.98% from 52 weeks to 52 weeksless than three weeks.In addition, the S & P 500 has been forced to hit the circuit breaker and triggered a commercial stopfour times.

The New York Stock Exchange has also undergone a difficult race. There were more than 90% of time at the bottom (where 90% or more nyse traded stocks are closed lower for the day) than at any time in recent history. And, the Nasdaq composite index has undergone its greatest number of percentages of one day to -12.32%.

Fight the propagation of COVID-10, PresidentDonald Trump announced new guidelines At a press conference on Monday, which highlighted the social distance and limited travel and restoration recommended. As a result, the restoration and travel industries adopt huge economic hits, which have many financial and economic experts worried about a domino effect.

Even politicians who have long discussed the Great Government actively actively support the government's rescue to stimulate the US economy. Former Republican presidential candidateMitt Romney Tosuggested that each American received $ 1,000 of the federal government to pump the economy.

The coronavirus pandemic is a serious risk of public health, but it is to hope that the current directives of social distancing will result in propagation or "flattening the curve".

But with regard to the economic impact of COVID-19, it can have much longer and lasting effects than the virus itself.