A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. What’s happening: On Monday, the National Bureau of Economic Research formally declared that the US recession began in February. It’s the fastest that NBER has designated a recession since the group began announcements in 1979. But stocks still rallied, with the S&P 500 and Dow finishing the session 1.2% and 1.7% higher, respectively. The S&P 500 has now erased its losses for the year and is back in positive territory. The stock market is notoriously forward-looking, and many believe this will be the shortest recession on record given that activity is already picking back up. But plenty

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