About this episode
Weeks, not months… President Trump promises to re-open the U.S. economy for business soon, however Congress blocks his stimulus package bill for a second time, weighing on Wall Street. Democratic and Republican senators once again disagreed over the contents of the legislation. But Asian stocks surge as the Fed promises to buy an unlimited number of government bonds. Oil prices also rally. Prime Minister Boris Johnson locks down Britain in order to stem the spread of Coronavirus, barring gatherings and all but the most essential trips out of home while Spain reels from the outbreak as the national death toll surpasses 2,000. In corporate news, German steel giant ThyssenKrupp decides to scrap its 2020 profit outlook while Spanish lender Santander adjusts its dividend policy for the year. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .