In a downside scenario, containment measures do not prove sufficient to halt the spread of the virus, and new cases continue to rise into late May.
The billionaire, who has some 48,900 Twitter followers but rarely tweets, took to President Donald Trump's preferred communication platform.
Gundlach unwound his short positions amid financial-market carnage and is now reviewing the chance to buy investment-grade art at slashed prices.
If Loeffler—who is married to New York Stock Exchange chairman Jeffrey Sprecher—had held onto those stocks, she would have lost up to $1.5 million.
Former IMF chief economist Maury Obstfeld said the world hasn’t seen a synchronized interruption in economic output in decades. He says "depression."
Because of the unprecedented nature and scale of what the world is facing, economists have struggled to model how badly things are getting.