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Even though some of might be different directions. Were monitoring that. Monitoring what is the second biggest point gain so far, for the dow jones industrials. All major averages are advancing pretty smartly, right now, amid talk that this deal will get done, timing is only issue here. Whether this stimulus measure. That is out there, will be enough. Including that lockdown in wuhan, the epicenter of the coronavirus, slowly by surely. Keep in mind that about 60 million chinese remain in this proverbial lockdown. But the biggest of all was instituted a few moments ago with indias Prime Minister, announced a lockdown not for a section of country, not for some in this country but for all. 1. 3 billion indians in his country. This will last for 21 days. Youre beginning to see a trend here that shows the frantic efforts we are taking to provide stimulus to sort of slow the Economic ....
Program. Democrats said it stops right there. They want added items that would no doubt be taken up in the house of representatives. Thereby substantially increasing cost of that. But the real catalyst for a lot of this as far as Financial Moves is no less than the Federal Reserve because 2. 3 trillion has been thrown at everything from the fed, shoring up support for small and mediumsized businesses to buying mortgagebacked bonds. Buying a lot of junk bonds. Just, anything they can get their hot little hands on. The junk bond thing is kind of interesting, folks. You might recall in the financial meltdown, we had these mortgagebacked securities. Remember they would pool mortgages, even iffy ones into a package of securities you could buy, mostly like a stock. When things are turning south, no one wanted to buy them. The F ....
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