NewsWatch: America should be ready for 18 months of shutdowns in ‘long, hard road’ ahead, warns the Fed’s Neel Kashkari

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MARKETWATCH FRONT PAGE

Neel Kashkari, the head of the Federal Reserve Bank of Minneapolis, painted a rather gloomy picture in a CBS interview on Sunday morning of what lies ahead for the U.S. economy as the country continues to battle the coronavirus outbreak. See full story.

Goldman Sachs abandons its bearish near-term view on stocks, says the bottom is in

Our call of the day comes from Goldman Sachs, which says it no longer thinks the S&P 500 could be headed for 2,000 in the near term. See full story.

Oil higher in choppy trade after historic deal to cut output and end price war

Crude prices trade higher Monday in choppy price action, a day after major oil producers reached a historic agreement to cut oil production, ending a damaging price war between Saudi Arabia and Russia. See full story.

Why this screenshot of CNBC’s ‘Mad Money’ host Jim Cramer is ‘everything that is wrong with America’

Bad news was everywhere last week, yet, somehow, the stock market managed to stage its best week in decades. In other words, at least those fortunate enough to own stocks had something to smile about. See full story.

When are stimulus checks being sent out? Here’s how to make sure you get yours

The IRS is launching a tracker for the ‘economic impact payments’ of up to $1,200 that it’s sending to most Americans. See full story.

MARKETWATCH PERSONAL FINANCE

‘There’s just no way anybody could have enough capital set aside to handle the kind of payments that servicers could have to make.’ See full story.