Watch CBSN Live

Coronavirus recession is "likely," economist says

The Dow Jones Industrial Average closed down 10% on Thursday, its worst day since 1987. The Dow went from a record high to a downward bear market in just 19 days -- its fastest slide since 1931. Greg Ip, the Wall Street Journal's chief economics commentator, said a recession is "likely." He broke down the signs that point to an economic downturn and what the government can do to try and prevent it on "CBS This Morning."
View CBS News In
CBS News App Open
Chrome Safari Continue