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13 Mar 2020

US Treasury Sec. Mnuchin: Fed and Treasury working to provide “unlimited liquidity”

"Negotiations on House coronavirus bill are going very well,"  US Treasury Secretary Mnuchin told CNBC on Friday and added that the bill would allow uninsured people to get tested for COVID 19.

Additional takeaways

"Treasury looking at using its authorities to address coronavirus impact."

"US banks should feel free to draw from Fed discount window."

"Fed and Treasury are working to provide unlimited liquidity."

"Circuit breakers work, markets are working orderly."

"We intend to do everything we can to keep markets open."

"Coronavirus will not prevent tax cuts from paying for themselves over a 10-year period."

Mar 13, 2020

US House Speaker Pelosi: Close to a deal on new coronavirus legislation

US House Speaker Nancy Pelosi said that she talked to US Treasury Secretary Steven Mnuchin on Friday and added that House Democrats and the Trump admi
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Mar 13, 2020

S&P500 New York Price Forecast: Stocks halted on 7% limit up circuit breaker, Index near 2600 level

The S&P500 futures are pulling back up sharply after one of the worst days in history yesterday (Thursday) as the Coronavirus is making the world becoming hys
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