Hi I’m your host Caleb Lawrence in sunny Santa Cruz, California with today’s Market Bull financial update for April 20, 2020
The major averages struggled to begin the week, finishing with large losses on economic jitters and earnings data looking to take an historic dive of 14 odd percent, the likes of which haven’t been seen since 2009. Oil craters and hits -$32.39 per barrel. A shocking reality just don’t expect free gasoline. That said it speaks volumes about the absolutely wrenching changes being visited upon the economy from the Covid-19 shelter in place orders globally.