The Dow is up almost 2,000 points today; a record point gain, the 10th biggest percentage gain, with most larger gains occurring during the bear market of the 1930's. We had a lot of stock market firsts this week, and it was one of choppiest weeks on record.
Trump announces beginning of national bailout; including open-ended moratorium on student interest loans, allowing debtors to put their loans into deferment indefinitely and never pay them again.
Trump leaves the door open to bailout for any industry in the country. Lawsuits are driving many shutdowns across the country. Gold’s recent late-day buys are a sign of illiquid investors trying to get in at lows.
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