Are U.S. Stocks Going to Keep Falling?

The transcript discusses the impact of the pandemic on global markets, highlighting the shift from initial containment efforts in China to a global epidemic. It examines the rapid decline in the S&P 500, potential bear market entry, and investor behavior. The discussion also covers the possibility of a market correction and the role of monetary policy by the Fed and ECB in influencing market reactions.

What factors could lead to a significant retracement in the S&P 500 according to the speaker?

What role does the Federal Reserve play in the current economic situation as described in the text?