6 NEWSWEEK.COM
In Focus THE NEWS IN PICTURES
JOHANNES EISELE
WALL STREET, NEW YORK CITY
Look Out Below!
Equity markets worldwide suffered their worst losses since 2008—the dawn of the
great recession—when stocks plunged as a result of the coronavirus crisis. The S&P
stock index, for example, plunged 11.5% for the week ending February 28. To the res-
cue: The Federal Reserve is apparently contemplating interest rate cuts and, according
toThe Washington Post, tax cuts may be implemented by the Trump administration.
