Mark Gongloff, Columnist

While We Argue, the Economy's Still in Deep Trouble

Rescue operations have reached the bickering phase.

May 13, 2020 at 9:06 PM UTC

Mark Gongloff is a Bloomberg Opinion editor and columnist covering climate change. He previously worked for Fortune.com, the Huffington Post and the Wall Street Journal.

It’s still an emergency.
Photographer: Drew Angerer/Getty Images North America

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Yesterday this newsletter called out the stock market for irrational exuberance. Today the stock market face-planted. This is certainly due to the vast influence of this newsletter and not because Jerome Powell, Stanley Druckenmiller and David Tepper all threw buckets of ice water on the market at about the same time.