Insights, Delivered Daily.

Dysfunction. Stocks sold off yesterday as more and more businesses mothball operations to fight the spread of COVID-19. The Fed showed up in a big way and the Senate failed to reach agreement on a multi-trillion dollar bailout, sending shares to their lows of the session.

Patience tried. Stocks sold off on Friday in a volatile session as investors clamored to determine the economic fallout of the virus outbreak. In the worst week for stock indexes since 2008, the S&P500 swung more than 4% up or down for 9 out of the last 10 trading sessions.

Balancing act. Stocks rose yesterday as investors awaited some comforting words from lawmakers on economic stimulus. Oil rallied on news that President Trump may intervene in the spat between energy heavyweights Saudi Arabia and Russia.

Hunkering down. Stocks experienced another selloff amidst continuing fear of a recession. The selling was not limited to stocks as bonds, commodities, and even gold found their way onto the chopping block.

Financial medicine. Stocks rallied yesterday as the administration shared its plans to heal the sickening economy. The Fed continued to roll out stimulus for banks and added a package for corporations as well.

Below deck. Stocks were hit hard yesterday after traders digested economic news over the weekend and Chinese economic numbers were worse than expected. A regional Fed report showed manufacturing conditions in the region deteriorated by a record amount confounding fear in yesterday’s trade.