According to Bespoke Investment Group, the average stock in the bottom 10% performers since Feb. 19 shot up an average of 18%.
iframe.twitter-tweet { width: 100% !important; } The S&P 500 SPX, -1.32% closed at 2447.33. Gundlach did not follow up on the tweet.Tom Porcelli, chief U.S. economist at RBC Capital Markets, did some back-of-the-envelope calculations. The U.S. economy was running at a $21.5 trillion, or $413 billion per week, rate before the virus hits. Assuming the economy is 30% shut down, the $2 trillion probably gets you through 16 weeks, he said.
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