US markets continued to rally and hit new highs despite 6% of the world's population under quarantine. Stephen Innes, Asia-Pacific Market Strategist at AxiTrader unravels this dichotomy and explains that its due to liquidity in the systems as the FED continues to intervene in the REPO market. Meanwhile he also explains why oil prices have risen 5% last week despite excess supply and a drop in demand due to Covid 19.