Mottek On Money Special Edition (March 26th, 2020)

Mottek On Money
Thursday, March 26th
Mottek On Money Special Edition - Coronavirus Crisis Bear Market: Stocks rally for the third day in a row after the U.S. Senate unanimously approves the CARESact, a $2.2T coronavirus rescue package, which now moves on to the House. Weekly jobless claims hit an all time high as nearly 3.3 million Americans applied for unemployment benefits due to the coronavirus shutdowns of entire sectors of the economy. The Dow closes up 1,352 points to 22,552. The Dow is now up about 3,900 points over the past three trading sessions. The latest market moves, economic outlook and more discussed with guests: Ken Winans, President, Winans Investments, author of Investment Atlas, Kevin Klowden, executive director of the Milken Institute's Center for Regional Economics and California Center.