Markets recover with demand for oil. @LizPeek

May 20, 03:03 AM
Image:  Oil Field in Baku, Azerbaijan, 1926

Elizabeth Peek, TheHill and Fox News; in re: Stock markets have recovered about halfway, and oil is improving. Oil markets are self-correcting. Stocks rose because there was nowhere else to go. Now, tens of millions out of work. Thirty per cent bounce off the lows.  Walmart: online sales are up 70%. The Fed’s balance sheet is up 60% over the last two months.  The most important market driver: all states reopening.