Global stock markets lost more than $3 trillion in value this week as investors fled amid growing concerns of a coronavirus pandemic. So what’s the outlook for the U.S. economy?

Specialist Thomas Schreck, left, and trader Patrick Casey, center, work on the floor of the New York Stock Exchange, Thursday, Aug. 15, 2019. Stocks are rising on Wall Street early Thursday on indications American consumers continue to spend and embrace online shopping. (AP Photo / Richard Drew)

Investors rode out another turbulent day on Wall Street that kept stock indexes flipping between gains and losses until a late-day bounce gave the market a modest gain. Local analysts weigh in on what it all means for consumers.

President Donald Trump: “I think the Fed has gone crazy.”

A market that has grown used to cheap money over the past decade is becoming increasingly concerned that the Federal Reserve will aggressively raise benchmark interest rates.

Another record-setting day on Wall Street. What’s propelling the stock surge—and can it last?

Stocks retreat from Monday's record high. Is a correction coming? And is it time to move some of your money out of stocks and into something safer?

In the wake of Detroit filing for bankruptcy last week, we take a look at the possibility of Chicago following the Motor City into financial calamity. Is Chicago’s recent bond rating downgrade a sign of things to come? Or is the city in a totally different situation than Detroit? We have analysis.

Markets react negatively to Chairman Ben Bernanke’s remarks that the Federal Reserve may taper bond buying in the next year. We take a closer look at the fluctuation in the stock and bond markets, the state of the economic stimulus and recovery, as well as Bernanke’s future.

Illinois yanks its bonds off the market after a downgrade in its credit rating last week. We find out how this will affect finances for the worst-rated state in the nation.

Eddie Arruza

With more bad economic news, the financial markets take another nosedive. Is a second recession on the way? Eddie Arruza and his panel look at what is driving down stocks.