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Bank of America says the recession is already here: ‘Jobs will be lost, wealth will be destroyed’ – CNBC

Bank of America warned investors on Thursday that a coronavirus-induced recession is no longer avoidable it’s already here. “We are officially declaring that the economy has fallen into a recession … joining the rest of the world, and it is a deep plunge,”…

Bank of America warned investors on Thursday that a coronavirus-induced recession is no longer avoidable it’s already here.
“We are officially declaring that the economy has fallen into a recession … joining the rest of the world, and it is a deep plunge,”…
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