End Of Emergency Lending Programs Led To Active Trading
Commenting on Steven Mnuchin’s decision to discontinue emergency lending programs and today’s trading, Gorilla Trades strategist Ken Berman said:Q3 2020 hedge fund letters, conferences and moreThe major indices are mixed and flat at midday following another choppy but active morning session on Wall Street with the Nasdaq outperforming its peers yet again. While Pfizer (PFE, +1.3%) confirmed that it will apply for the emergency authorization of their vaccine candidate today, lockdown-sensitive issues remain under pressure due to the worrisome COVID trends. The number of infections and hospitali...