A measure of fear in U.S. stocks surged on Monday as an
emergency move by the Federal Reserve to ease policy did
little to calm markets over the spreading coronavirus
Investors are moving more like a herd than ever before,
driven by a lack of faith in extraordinary moves by
governments and central banks to shore up economic defenses
against the coronavirus pandemic
Paul Krugman - Economists, myself included, often make a
point of saying that the stock market is not the economy,
which it isn't. It *is*, however, pretty much the Trump
presidency. Take away his magic talisman and there's nothing
left