FBC WSJ At Large With Gerry Baker July 13, 2024
Announced that the spread of the virus might be reaching an apex, and were getting close to that flattening of the curve. Positive messages about the outbreak were welcome news on wall street, helping to send stocks soaring on monday, and by wednesday the s p 500ed had joined the dow in exiting the bear market it fell into on march 12th. Its now up 25 from its low point just a little more than two weeks ago. More gains came as the fed stepped up its efforts. Meanwhile, the irs was moving to send direct payments to individuals, and billions of federal dollars to help Small Businesses stay afloa...