The number is for as I type this at 9:45AM EST
The US Stock Market has dropped 3,500 points THIS WEEK….
The dropping is also been across financial markets around the planet…
But the best remedy for the coronavirus — which has sickened more than 83,000 people worldwide and killed nearly 3,000 — could lie beyond Washington’s immediate powers.
“Central banks don’t make vaccines,” said David Kotok, chairman of Cumberland Advisors.
Nonetheless, the Fed is facing calls to rescue the economy from an unforeseen shock….
More during the day….