Rick lutely not excited about President Trump's plan to deal with the growing impact of Corona virus and some action by the Federal Reserve.

It didn't help that much, either.

The cell of actually got so bad today that trading was briefly halted because stocks fell too far too fast.

Today's loss was the fifth worst decline for the Dow in history.

A B C's Rebecca Jarvis is down on Wall Street to try to help help us make some sense of all of this.

Rebecca, With so much uncertainty about Corona virus, how bad could this really get?

Well, I think that's what Wall Street is trying to figure out right now, Lindsay, especially with that news.

The N B A game's canceled for the foreseeable future.

March Madness canceled Disneyland shutting down for a couple of weeks.

These aren't dramatic events that even a few weeks ago might not have been anticipated.

And what I was hearing here down on Wall Street a couple of days ago, when all of Italy decided to shut down.

That's where Wall Street really got the sense for how dramatic this could be here in the United States.

And the fact of the matter is Lindsay, there were decisions right now being made, and those decisions that are best for public health are not the best for the health of the economy and 100% of the time public health is going to take president.

It is going to win out as it should.

And the economy, at least in the near term, is going to feel the pain of that thing.

That's really good distinction to make it at what point?

What would be in a recession.

So we will have to see weigh whether or not we're in recession.

If we have 2/4 of back to back falling contraction where the economy is not growing, in fact, it is actually slowing down and contracting that is the technical, a symbol of what happens in a recession, but way already very likely.

If there's going to be a recession, we very likely are already in the midst of one and at least at a very minimum, Lindsay in this quarter, the one that we're in right now.

We will see that contraction because it's just not possible to have so many companies telling their employees to work from home.

So many businesses canceling conferences, so many companies literally shutting down business.

It's impossible not to see an economic impact from that.

All right, Rebecca Jarvis.

Thank you.

Hi, everyone.

George Stephanopoulos here.

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