Major markets move higher, but ‘the fed itself could run out of money’

May 18, 2020 admin Trading Ideas Comments Off on Major markets move higher, but ‘the fed itself could run out of money’

Stocks are moving higher Monday after Moderna announced that its vaccine trial produced COVID-19 antibodies in all participants. Meanwhile, Jerome Powell told CBS’s 60 minutes ‘we’re not out of ammunition by a long shot.’ However, James McDonald, Hercules Investments CEO, thinks otherwise, he joins Yahoo Finance to discuss. …read more

Source:: Yahoo Finance

      

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