Markets Live Recap: Our Experts Break Down Gilead, Bitcoin, and the Fed
April 17, 2020 at 17:13 PM EDT
This was another unprecedented week for the financial markets. We saw an additional 5.2 Americans lose their jobs and file for unemployment (bringing the total to 22 million). To combat the sudden halt in the economy, the U.S. Federal Reserve has pumped in trillions of dollars to the economy. Its balance sheet has risen from $4.1 trillion to $6.4 trillion in less than two months. And now, there are talks of additional stimulus. It's too be seen whether throwing money at every problem will solve them... Or whether we're just kicking the can further down the road. On the positive side, there's hope that we're taking our first steps to eradicate COVID-19. Some of the top biotech companies in the world have seen promising results in early tests to combat the disease. Either way it plays out, our experts - Chris Johnson, Tom Gentile, and D.R. Barton, Jr. - are here to break down what they're seeing in the markets every day they're open. And if you're able to join us live, they'll even answer your most pressing questions. Here's what they saw today, Friday, April 17... To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Markets Live Recap: Our Experts Break Down Gilead, Bitcoin, and the Fed appeared first on Money Morning - We Make Investing Profitable .