The recession is guaranteed.
The recession can not be prevented. This is unlike any recession anyone has ever seen in their lifetime.
Initial claims in past recessions never went past 700k initial claims. Expect more initial claims in the next following weeks. The service industry involving accommodation and food services was hit the hardest. The tourism industry quickly started to lose profits within weeks. It will take at least 6 or more months for the tourism industry to return to profitability if coronavirus pandemic settles down in 3 months from now. The United States tourism industry is not coming back any time soon.
This may break the hearts of many Americans. COVID-19 and the recession are not going away in a few weeks.
False hope is never good! The economic environment of the United States has drastically changed within a few weeks and will last for months. It is not the strongest or the most intelligent who survive, but ones who are most responsive to change. Exciting times for Capitalists!