Can Fed Fight the Virus?
Financial markets around the world have been roiled by the spread of the novel coronavirus, and it’s unclear what if anything the Federal Reserve and other central banks can do to stop the bleeding. Kathy Jones, chief fixed income strategist at Charles Schwab Corp., joins this week’s “What Goes Up” podcast to discuss the limited impact the Fed may have. Bloomberg’s Chris Nagi also joins the discussion to discuss the historic plunge in the stock market. Mentioned in this podcast: Wall Street Seeks the Right Metaphor for the Virus Meltdown Reddit’s Profane, Greedy Traders Are Shaking Up the Stock Market
