Stocks drop after Senate’s second coronavirus bill fail — Cramer and others on what to watch now

Coronavirus hits forecasts

Chetan Ahya, chief economist at Morgan Stanley, said the economic pain stemming from the pandemic “is definitely going to hurt” the firm’s forecasts:

“Essentially, what we have is a significant decline in personal consumption expenditure as well as the business investment in the second quarter, so, this is definitely going to hurt our forecasts. And so, we are now…

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