If you didn’t know anything about the coronavirus and remained clueless about the economic devastation, you might look at a chart of the S&P 500 and think that a severe market correction was rebounding and equities would soon reclaim the previous high-water mark. Reality, however, isn’t quite that simple.
Daily Archives: April 28, 2020
Macro Briefing | 28 April 2020
Oxford Group’s coronavirus vaccine may be available as early as Sep: NY Times:
China has near-total control over anti-biotic supply. Is America at risk? STAT
US oil prices continue to slide as lack of storage weighs on market: MW
What’s left in the Fed’s playbook after massive stimulus? CNBC
The Federal Reserve is reinventing itself during coronavirus crisis: WSJ
Surge in internet use due to coronavirus is good news for chipmakers: WSJ
Will US stock market look through dismal earnings season… or two: BBG
VIX Index (US stock market’s ‘fear gauge’) falls to 8-week low:
