To the contrary, today -- and even if the sell-off continues in the days to come -- might be an opportunity to buy a great growth stock. “I begged Congress” not to do what it did, he recalled. The same goes with the economy and the stock market. Peloton's stock has spent much of the past several months breaking record highs, as the interactive fitness company has experienced enormous growth, increasing its digital subscriber count to 2.6 million and revenue to more than $500 million last quarter. And a second fear that the market is responding to is a lack of confidence in the Trump administration responding to that first fear, which is the spread of the virus. The stock market crash of 2020 doesn’t seem to have finished yet. Here's What You Need to Know, Why Peloton Is Being Sued by NordicTrack's Manufacturer, Copyright, Trademark and Patent Information. Our theme music is by Jim Brunberg and Ben Landsverk of Wonderly. Speaking at the American Enterprise Institute in June, Bernanke criticized the recent stimulus of the tax cut, which risks overheating the economy, leading the Fed to slam on the brakes to keep inflation in check. And that is worrying investors. Jason can usually be found there, cutting through the noise and trying to get to the heart of the story. This is the New York Stock Exchange. Investors are watching the news on the coronavirus and trying to get a handle on just how much it’s going to hurt the U.S. economy. Today's deep sell-off comes one trading session after shares raced 8% higher, reaching an all-time high following a note from a Wall Street analyst boosting his price target for Peloton. The fact that most stocks are down big today supports that, especially without any specific news to explain why Peloton shares are down. These were: The ongoing US-China trade conflict (44% of investors believed this would affect their portfolios in 2020) Why did the stock market crash? Follow the latest updates on the coronavirus outbreak. Key to that is helping you to build a solid financial future. “The Latest,” from the team behind “The Daily,” brings you the most important developments on today’s biggest news stories. So why did that happen? That is really the concern. “In 2020, Wile E. Coyote is going to go off the cliff and look down.”. The trading day is just beginning on Wall Street, and there are —. Following —. Stock Market Crash 2020: Everything You Need to Know With all three major U.S. indexes logging their worst declines since 2008, here's the pertinent info all investors should know. And good morning, everybody. If I showed you —. They’re not seeing big slowdowns in the U.S. economy yet across the country, but they are seeing regional slowdowns in places like Seattle. The stock market crash of March 2020 erased a lot of the gains from their mutual fund portfolio. It’s not so much —. They’re going to be spending less time in restaurants or in stores. China, Italy — they have definitely had bigger quarantines, pulled more people and more activity out of the economy. But the latest is that on Monday morning, all of investors’ anxieties seemed to come together, and the world seemed to tip into this big sell-off that was a sum of all fears event. And they know the odds are in favor of a skid. The market “is on a collision course with disaster” and the catastrophe will hit in late 2019, with stocks losing 40%. We’re also going to be talking about hourly wage earners getting help, so that they can be in a position where they’re not going to ever miss a paycheck. Substantial relief, very substantial relief. Key to that is helping you to build a solid financial future. “We are dealing with a fiscally unstable long-term outlook in which inflation will take hold,” he warned. And that chill is what’s really worrying the markets. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change. And some of these gentlemen have been wrong before. Ben Bernanke, former chair of the Federal Reserve. Because America has become a huge oil producer over the last decade, thanks to the development of fracking and the shale revolution. As of 12:09 p.m. EDT on Thursday, shares were down over 9% after spending much of morning trading down by double digits. That’s a big, that’s a big number. Market data powered by FactSet and Web Financial Group. Unprecedented numbers. Which is really rare. Now that’s good for gasoline-buying consumers, obviously. And then over the weekend, here comes Saudi Arabia to do something that’s going to make that price fall even worse. Follow Jim Tankersley on Twitter: @jimtankersley. Bernanke has seen Washington bungle the economy before. To hear some of the financial world’s smartest folks, today’s buoyant times are numbered. But it’s bad for investment in the United States. He made these remarks in January, on Bloomberg Television. Helping me are some of the wisest financial advisors in the U.S., who I interview. Their consensus is that the bad times will arrive in 2020. A state of emergency is now in effect in Washington state, following the first U.S. coronavirus death there. © 2020 Forbes Media LLC. If you haven’t looked —. Within five minutes, markets dropped 7 percent, which is the worst since the 2008 financial crisis. They ought to know. Yep, there you see — you see the cessation in ticks —. Good investing ideas, often contrarian, constitute my brief, here at Forbes.com. The S&P 500 fell more than 7 percent on Monday, setting off a 15-minute trading halt known as a circuit breaker. And if you’re interested in advertising with “The Daily,” write to us at thedaily-ads@nytimes.com. Leadership in the House and the Senate started talking about stimulus measures on Monday.