Equities broke out this week, driven by promising news and a renewed promise from the Federal Reserve.
All 50 states have now taken at least some measures to reopen, and a number of governments overseas have as well. Two companies announced positive results from early trials of possible Covid-19 vaccines. Even a couple of retailers had some surprisingly decent earnings reports.
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paulvigna Dont expect V shape recovery in industrial countries-not even U shape. Things were bad before COVID-19👇🏻👇🏻and unsustainable for peak oil👇🏻and Global Warming issues. The inertia of unlimited growth just run-out its course in a limited over-populated 🌎 Expect a Hook shape recovery
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