Thursday, stocks were higher yesterday. News that there are two drugs showing promise of treating COVID- 19. That's good news but stocks ignored the very bad GDP report for the first quarter. Remember the definition of a recession? Two back to back quarters of negative GDP. Well, one is in the book.
Businesses sue the Governor of Michigan over her executive shut down order. Let the litigation begin!!
Bankruptcies start the accelerate.
Shell oil company cuts its dividend, the first time since WWII.