Minerd Says Coronavirus Could Be the Worst Thing He's Seen in His Career

The transcript discusses the sudden market realization of the coronavirus impact, questioning the inevitability of a bear market. It highlights the unique market risks due to uncertainty and the limited role of the Fed. The speaker shares personal insights, comparing the situation to past crises, and emphasizes the seriousness of the current data from countries like Korea, Italy, and Spain.

What are the implications of the current situation on consumer behavior according to the speaker?

What realization did the speaker have regarding the data received this morning?