Money Matters

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Finance

This week’s musical selection, a great cover of Last Kiss:

Trump says airlines could receive grant details this weekend as sources say around 275 applied via CNBC #news  #CNBC 

Cramer's week ahead: Washington is 'willing to spend big to keep this economy afloat' via CNBC #news  #CNBC 

JPMorgan now sees economy contracting by 40% in second quarter, and unemployment reaching 20% via CNBC #news  #CNBC 

“The Fed coming in open-ended has given the market a breath of fresh air,” NYSE legend Art Cashin says, as the Fed continues to take historic steps to combat the impact of the coronavirus crisis.

The motivation IMO is to make everyone think all is fine because the stock market is bouncing.

Investors are betting that the “Great Covid-19 Recession,” as Morgan Stanley dubbed it today, will be appallingly terrible but remarkably short. It is by no means a safe bet.

while instances are low, returns have been very explosive. The results over the 1st few days are choppy – likely thanks to the fact that the 2nd 90% day will normally put the market in an overbought position. Once you get out over a week, the upside overwhelms.

Our Food System Is Breaking Down in Real Time my Under the Agridome column published tonight on DTN

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