Recap April 12: Tesla Furloughs 50% of Workforce – Epic Week for Stocks (Recap Ep066)

In this week, the US stock remains mostly higher due to OPEC decisions and as evidence mounts that coronavirus death & infection rates may be leveling off. OPEC & other major energy powers on Thursday ended with a tentative deal to reduce output by 10M BPD in May & June, the deepest cut ever agreed by the world’s oil producers. However, prices may not increase much in the near term, due to the collapse in overall demand. The U.S. threat of tariffs [...]