COVID-19 UPDATE: Daily cases fall to 20,027 over the weekend (-5,000 vs Friday). Record balance in money markets $4.8T even as equities retraced >50% of its losses

COVID-19 remains a global crisis and we realize that many people need to keep up with COVID-19 developments, particularly since we are moving into the more critical stage ("restart economy"), so feel free to share our commentary to anyone who has interest.CBS 60 Minutes aired an interview by Scott Pelley with Federal Reserve Chairman, Jay Powell (transcript link --> 60 Minutes interview). It was a wide-ranging interview, but two things really resonated us:- first, Powell's statement "we...

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