- Market Gives Back Some of Yesterday’s Gains After Government Forecasts 38% Decline in GDP Growth (Worst in History); Bank Shares and Retail Pull Back While Tech Continues to Remain Strong; Moderna Vaccine Trial News that Sent Market Flying 900 Points Criticized by Statnews, Proponent of Rival Treatment Remdesivir, CNBC, ZH Reports
- According to Wall Street on Parade, New York Fed Member Banks are Only on the Hook for $42.6 Billion of its $3.9 Trillion in Liabilities in the Event of any Defaults