World Stock Markets and Corona Virus

American hotel and travel industry executives met with Trump on Tuesday to discuss a potential $250 billion aid package

as thousands of hotel workers began furloughs due to the fast-spreading coronavirus.

The requested package would consist of $150 billion in direct aid for the hotel sector
and $100 billion for related travel companies, including convention businesses ~

New York/Hong Kong/London (CNN Business)Global stock markets surged higher Friday after central banks
and governments around the world unleashed a torrent of stimulus measures designed to cushion the shock from coronavirus.
US stock futures were sharply higher, suggesting Wall Street could close out an exceptionally volatile week with another big swing.

Asian stocks closed with gains, while European markets were on track for their second positive session in a row.

Economic Damage Piles Up, Keeping Investors on Edge: Live Updates

Right Now :
The Federal Reserve will provide support to some municipal money market funds
through its emergency lending program.

Things are starting to Calm Down ~

High yield bonds market and junk bonds are back to 2017 values...

Great week overall !
3 days of Gain .....hope there is a good closing bell later on for the weekend !
ca.finance.yahoo.com/news/stock-market-n...-2020-221609874.html

Stocks fell Friday, giving back some gains after Thursday
session saw each of the S&P 500 and Dow climb more than 6%.

President Donald Trump sent a letter to governors Thursday suggesting the White House
was seeking to create guidelines for individual counties classified as either high, medium or low risk
for the outbreak to expand further.
Trump has said he wants the country to widely reopen businesses by Easter in mid-April

although health officials have suggested lifting stay-in-place orders by that time could be premature

as the coronavirus case count continues to climb.

Stock markets around the world suffered historic losses in the first three months of the year
amid a massive sell-off tied to the coronavirus.

The Dow Jones Industrial Average and London's FTSE 100
saw their biggest quarterly drops since 1987
plunging 23% and 25% respectively.

The S&P 500 lost 20% during the quarter, its worst since 2008.

The drops come as authorities order a halt to most activity in an effort to slow the spread of the virus.