Coronavirus / COVID-19
Friday, March 13, 2020
US stock futures turn positive on stimulus hopes
Both the NY Fed and the Bank of Japan injected money into the financial system
U.S. equity futures turned green overnight after both the New York Fed and the Bank of Japan pumped money into the financial system.
The major futures indexes are indicating a gain of 5 percent, or 1,000 Dow points, when trading begins on Friday.
Thursday saw Wall Street's biggest drop since the Black Monday crash of 1987.
Markets worldwide have retreated as fears of economic fallout from the coronavirus crisis deepen and the meltdown in the U.S., the world's biggest economy, batters confidence around the globe.
That's all understandable, and a good tip. But then Biden pointed fingers at Trump and accused him of "xenophobia" because he called COVID-19 a "foreign virus" in his White House address. He also said the Trump administration was guilty of several "misjudgments" since the start of the outbreak, particularly the president's new travel bans. As he announced Wednesday night, all travel to the U.S. from Europe will be banned starting Friday at midnight for the next 30 days, with the exception of the United Kingdom.
So those who support and promote boycotting the Jewish state (BDS) won’t be getting it, right?
That means the Democrat party won’t be getting the vaccine. And certainly the jihad caucus won’t touch it, right?