The Price of oil tumbled overnight and could go much lower still.
Global supply disruptions and slackening demand could lead to global recession.
Quarter 1 earnings reports will generally be bad and forward guidance could be even worse.
Expect another rate cut from the Fed and possibly a fiscal stimulus package from Washington, with maybe a short-term rally coming soon.
Further downside in equities appears likely as fear and economic disruptions create global uncertainties.
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