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COVID-19 recession. On 20 February 2020, stock markets across the world suddenly crashed after growing instability due to the COVID-19 pandemic. It ended on 7 April 2020. Beginning on 13 May 2019, the yield curve on U.S. Treasury securities inverted, [1] and remained so until 11 October 2019, when it reverted to normal. [2]
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2020 in U.S. states and territories. The following is a list of notable events, births and deaths from 2020 in the United States . The US was heavily impacted by the COVID-19 pandemic, which by the end of the year killed over 300,000 people within American borders.
Dr. Nancy Messonnier of the Centers for Disease Control and Prevention warned on February 25 that the COVID-19 pandemic may become a pandemic. Moody's Analytics says there is a 40% chance of a U.S. recession in the first half of 2020 and the virus may set off a worldwide economic recession.
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