ViewpointsOpinionEconomy and Markets in Uncharted TerritoryUncertainty, fear, a global pandemic, and economic disaster weigh heavily upon the markets00CopyFacebookXTruthGettrLinkedInTelegramEmailSavePrintIn this aerial view from a drone, desolate Ocean Drive is seen after most visitors have checked out of their hotels in a citywide effort to contain the coronavirus in Miami Beach, Fla., on March 24, 2020. Joe Raedle/Getty ImagesJames Gorrie3/24/2020|Updated: 3/24/2020CommentaryThe U.S. economy is, to put it lightly, in deep and vastly uncharted waters.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.Share this articleLeave a commentJames GorrieAuthorJames Gorrie is the author of the 2013 book “The China Crisis” and discusses current events and China on his YouTube Podcast, The Banana Republican. Author’s Selected ArticlesJapan Accelerates Defense Spending to Counter China ThreatOct 29, 2025Former Chinese Official Threatens US With ‘Devastating Consequences’Oct 27, 2025China’s Shift to Debt Collector in Developing Countries—From Lender to Loan SharkOct 27, 2025China Envisions ‘Dry Canal’ to Compete With Panama CanalOct 20, 2025Related Topicsdepressionstock marketrecessionU.S. economycoronavirusCCP virusfinancial marker